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Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond. Par value of the bond is $1,000. Calculate annual
Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond.Par value of the bond is $1,000.Calculate annual coupon interest payments.
The answer should be calculated to two decimal places
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