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A bond has a $12,000 face value, an 8-year maturity, and a 3.05% coupon. Find the total of the interest payments paid to the bondholder.
A bond has a $12,000 face value, an 8-year maturity, and a 3.05% coupon. Find the total of the interest payments paid to the bondholder.
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Advanced Bond Portfolio Management
Authors: Frank J. Fabozzi, Lionel Martellini, Philippe Priaulet
1st Edition
0471678902, 9780471678908
