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A 20-year bond with a face value of $ 1,000 has a coupon rate of 7.00 % with semiannual payments. I need help with the
A 20-year bond with a face value of $ 1,000 has a coupon rate of 7.00 % with semiannual payments.
I need help with the formula on:
a. What is the coupon payment for this bond?
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