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Oscorp has just issued its norman special long bond. The bonds have a maturity of 25 years, a coupon rate of 0.50% and pay the
Oscorp has just issued its norman special long bond. The bonds have a maturity of 25 years, a coupon rate of 0.50% and pay the coupon on a semi-annual basis. The face value of the bond is $1000. the bonds are trading at a YTM of 5%. what is fhe value of only the coupon annuity of this bond?
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