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Consider the REC Corp. bond with the following characteristics: par value - $1000 coupon rate 9.5% per year payment schedule - semiannual (2/15,8/15) maturity date

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Consider the REC Corp. bond with the following characteristics: par value - $1000 coupon rate 9.5% per year payment schedule - semiannual (2/15,8/15) maturity date - 2/15/2042 Based on this information, which of the following is/are true? A. The bond's semiannual coupon payment amount is $95.00. B. The bond's semiannual coupon payment amount is $47.50. C. In the maturity year (2042), the bond will make two coupon payments and will pay the $1000 par value. D. Both A and C are true. E. Both B and C are true

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