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On February 6, 2022, a 5-year bond with $1,750 million face value and 2.400% p.a. coupon rate matured. The company had issued this bond in
On February 6, 2022, a 5-year bond with $1,750 million face value and 2.400% p.a. coupon rate matured. The company had issued this bond in February 2017 at a market rate of 2.520% p.a. Interest was being paid semi-annually. Interest payments always happened on time, i.e., on August 6 and February 6 in each year. What effect did that bond have on their Total Cash flow for fiscal year ending June 30, 2022?
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