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Consider a 15-year bond with a face value of $ 1 comma 000 that has a coupon rate of 5.3 %, with semiannual payments. a.

Consider a 15-year bond with a face value of $ 1 comma 000 that has a coupon rate of 5.3 %, with semiannual 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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