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A 25-year bond with a face value of $1,000 has a coupon rate of 9.50%, with semiannual payments. a. What is the coupon payment for
A 25-year bond with a face value of $1,000 has a coupon rate of 9.50%, with semiannual payments.
a. What is the coupon payment for this bond?
b. Enter the cash flows for the bond on a timeline.
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