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Determine the interest payment for the following three bonds. (Assume a $1,000 par value.) (Round your answers to 2 decimal places.) 3.85 percent coupon corporate
Determine the interest payment for the following three bonds. (Assume a $1,000 par value.) (Round your answers to 2 decimal places.)
| 3.85 percent coupon corporate bond (paid semiannually) | |
| 4.60 percent coupon Treasury note | |
| Corporate zero-coupon bond maturing in 10 years |
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Shape Up Your Finances The Personal Finances Handbook
Authors: Ian Birt
1st Edition
0734608268, 978-0734608260
