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11. Assume that somehow, Andy managed to get that loan from a bank officer whith whom he went to school. But instead of using it
11. Assume that somehow, Andy managed to get that loan from a bank officer whith whom he went to school. But instead of using it as intended, he uses half of the loan to purchase the ABC Energy coupon bond below. How much would he receive in coupons payment through the entire call period? Corporate Bond Information Issuer ABC Energy ABC Energy TransPower Telco Utilities Face Value Coupon Rate Rating $1,000 6% AAA $1,000 0% AAA $1,000 10% AA $1,000 12% AA Quoted Price Years Until N Sinking Fun Call Period $809.10 20 Yes 3 Years $211.64 20 Yes NA $1,025.00 20 Yes 5 Years $1,300.00 30 No 5 Years
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