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Beatrix just bought a $1000 value bond. The bond has a coupon rate of 7.5% semi-annual payments) and the yield to maturity on the bond
Beatrix just bought a $1000 value bond. The bond has a coupon rate of 7.5% semi-annual payments) and the yield to maturity on the bond is 9.0%. What is the dollar amount of the first coupon payment that Beatrix will receive 1) 542.50 2) $40.00 3) $30.00 4) $45.00 5) $37.50
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