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P 6-1 (similar to) Consider a 25-year bond with a face value of $1,000 that has a coupon rate of 5.4%, with semiannual payments. a.

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P 6-1 (similar to) Consider a 25-year bond with a face value of $1,000 that has a coupon rate of 5.4%, with semiannual payments. a. What is the coupon payment for this bond? b. Draw the cash flows for the bond on a timeline a. What is the coupon payment for this bond? The coupon payment for this bond is (Round to the nearest cent.)

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