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A corporation issued a fixed-rate coupon bond that pays a coupon rate of 6.20 percent in semiannual payments and has a maturity date of March
A corporation issued a fixed-rate coupon bond that pays a coupon rate of 6.20 percent in semiannual payments and has a maturity date of March 2033. The face value of the bond is $1,000. At maturity, how much will the bondholders be paid?
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