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PLEASE ANSWER A and B Consider a 30 -year Government of Canada bond with a face value of $1,000 that has a coupon rate of
PLEASE ANSWER A and B
Consider a 30 -year Government of Canada bond with a face value of $1,000 that has a coupon rate of 5.4%, with semi-annual 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.) Step by Step Solution
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