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Homework Help!! Consider a 15-year bond with a face value of $1,000 that has a coupon rate of 5.3%, with semiannual payments. a. What is
Homework Help!!
Consider a 15-year bond with a face value of $1,000 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. a. What is the coupon payment for this bond? The coupon payment for this bond is $ . (Round to the nearest cent.) b. Draw the cash flows for the bond on a timeline. Select the timeline below that shows the correct cash flows for this bond. (Select the best choice below.) O A. Period 0 1 29 30 + Cash Flows $26.50 $26.50 $26.50 $1,026.50 OB. Period 14 15 Cash Flows $26.50 $26.50 $26.50 $1,000 OC. Period O 1 29 30 1 Cash Flows $26.50 $26.50 $26.50 $1,000 OD. Period 0 14 15 1 Cash Flows $26.50 $26.50 $26.50 $1,026.50Step by Step Solution
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