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Modem Fashion Inc. has issued a bond with par value of $1,000, a coupon rate of 10% that is paid semi-annually , and that matures
Modem Fashion Inc. has issued a bond with par value of $1,000, a coupon rate of 10% that is paid semi-annually , and that matures in 10 years. The required return is 6%. What is the semi-annual coupon payment? $50 $60 $100
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