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part a) What is a Bond? Part b) What is inflation? Part c) If the Coupon Rate for a Wal-mart bond is 6 percent, what

part a) What is a Bond? Part b) What is inflation? Part c) If the Coupon Rate for a Wal-mart bond is 6 percent, what is the yearly interest payment on a $1,000 bond? Part d) If this $1,000 Wal-mart bond was selling at $1,100 what is the current yield?

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