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I really need help with the below question. I will give thumbs up for fast and accurate work. Thank you very very much! (15 points)
I really need help with the below question. I will give thumbs up for fast and accurate work. Thank you very very much!
(15 points) Assume you just paid $950 for a 5-year $1000 face value bond with a 5% coupon rate and semi-annual interest payments 4) What is the amount of the semi-annual interest payments (what is D)? a. b. Setup, but do not solve, an equation for determining the rate of return (Isa) that you would realize for this bond, assuming you redeem the bond at the 5 year maturity date Step by Step Solution
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