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Bonds: A corporate bond is bought at $8,000; and its face value is $10,000. It matures in 3 years from today. The interest rate is
Bonds: A corporate bond is bought at $8,000; and its face value is $10,000. It matures in 3 years from today. The interest rate is 10%. Interests will be paid semi-annually. What kind of financial activities would you expect from the issuing company? (You need to specify the amount and timing.) Determine the yield rate.
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