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Assume that you will buy a bond with a face value of $15,000. The maturity time of the bond is 10 years and the bond

Assume that you will buy a bond with a face value of $15,000. The maturity time of the bond is 10 years and the bond has annual coupon payments at a rate of Z%. The cost of the bond is $12500, and the yield is 20%. What will be the coupon payments interest (Z) on its face value each year?

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