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Consider a 14-year bond with a face value of $1000 that has a coupon rate of 5.5%, with quarterly payments. a. What is the coupon

Consider a 14-year bond with a face value of $1000 that has a coupon rate of 5.5%, with quarterly payments.

a. What is the coupon payment for this bond?

b. Draw the cash flows for the bond on a timeline.

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