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6. You can by a bond for $1050.50. It has a face value of $1,000.00 and a maturity date 7 years from now. If your
6. You can by a bond for $1050.50. It has a face value of $1,000.00 and a maturity date 7 years from now. If your YTM is 7%, what would you expect for a coupon payment? For a semi-annual coupon payment?
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