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Consider a bond to be paid back in 5 yearly payments plus a balloon payment of size $ 5 0 , 0 0 0 .
Consider a bond to be paid back in yearly payments plus a balloon payment of
size $ Payment as in the payment in year is higher than payment
payment is the same as payment payment is half of payment payment
is the same as payment The face value of the bond is $ The size of the
balloon payment equals the sum of all interest payments over the life of the bond.
What is the bond payment in year
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