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(1 point) A bond with a face value of $10000 is redeemable at 101, 7 years from now. Suppose that it pays monthly coupons at

(1 point) A bond with a face value of $10000 is redeemable at 101, 7 years from now. Suppose that it pays monthly coupons at 10.3% compounded monthly and has a yield rate of 7.1% compounded monthly. 100 ie redeemable at 101, 7 years from now. suppose that t paya monity coupon a) How large is each coupon payment? Answer: $ b) What is the redemption value of the bond? Answer: $

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