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i will upvote show work please - You paid $1100 for a bond with Par value of $1000 and annual coupons of 8% Redemption value
i will upvote
- You paid $1100 for a bond with Par value of $1000 and annual coupons of 8% Redemption value of 100% of par value at maturity only The term to maturity is 2 years and the next coupon due in 12 months How much interest do you earn in the final year of the bond's life? A) $29.31 C) $31.69 E) $130.69 B) $30.00 D) $80.00 show work please
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