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Assume that a ten year bond with a $1,000 face value was issued on January 2, 2015 with a Coupon Rate of 6 00 %

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Assume that a ten year bond with a $1,000 face value was issued on January 2, 2015 with a Coupon Rate of 6 00 % p a Please note the bonds are not convertible, there is no sinking fund and they have no call provision, so the bonds will not be called before maturity. What two promises is the bond issuer making to a purchaser of one of these bonds? The issuer of the bond is making the following two promises to the purchaser 1. The issuer promises to pay to the bondholder twenty semi-annual payments of interest of S 30 each. 2. The issuer promises to pay to the bondholder $1,000 on January 2, 2025 The issuer of the bond is making the following two promises to the purchaser 1. The issuer promises to pay to the bondholder four semi-annual payments of interest of $ 70 each 2. The issuer promises to pay to the bondholder $1,000 on January 2, 2021. The issuer of the bond is making the following two promises to the purchaser 1. The issuer promises to pay to the bondholder five semi-annual payments of interest of S 30 each 2. The issuer promises to pay to the bondholder $ 500 on January 2, 2015

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