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A $100,000 Bond was issued at 5.12% pa. The market is currently returning 6.86% pa. Calculate the Coupon Payment to the nearest dollar.
A $100,000 Bond was issued at 5.12% pa.
The market is currently returning 6.86% pa.
Calculate the Coupon Payment to the nearest dollar.
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
