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Michael owns investment A and 1 bond B . The total value of his holdings is $ 2 , 8 4 0 . 0 0
Michael owns investment A and bond B The total value of his holdings is $ Bond B has a coupon rate of percent, par value of $ YTM of percent, years until maturity, and semiannual coupons with the next coupon due in months. Investment A is expected to pay annual cash flows to Michael of X per year forever with the first annual cash flow expected in year from today. The expected return for investment A is percent. What is X the fixed annual cash flow that will be paid forever by investment A
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none of the answers are within $ of the correct answer
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