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A municipality issued a ten-year instalment debenture in 2010. It was a $100 million issue with a 10% coupon associated with it. It was going

A municipality issued a ten-year instalment debenture in 2010. It was a $100 million issue with a 10% coupon associated with it. It was going to be retired in ten equal payments at the end of 2010, 2011, 2012, etc.

Calculate the total associated cash flow for the year 2011?

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