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b) The government is in need of funds and issues a bond priced at 10,000, to pay 2 coupons of 500, the first one at

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b) The government is in need of funds and issues a bond priced at 10,000, to pay 2 coupons of 500, the first one at the end of the first year and the second one at the end of the second year. At the end of the second year, a 10,000 redemption value is paid as well. Using the bond amortization schedule, determine the interest paid in the first coupon. Tamaral

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