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Intro A corporate bond with a face value of $ 1 , 0 0 0 and a coupon rate of 5 % pays interest semiannually

Intro

A corporate bond with a face value of $

1, 000

and a coupon rate of

5 %

pays

interest semiannually and has a maturity date of May

6, 2028 .

The trade settles on

January

22, 2024 .

The yield to maturity is

6.1 % .

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