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please answer this question for me A five year $1000 par value bond that has a 3% coupon rate and pays interest annually was purchased
please answer this question for me
A five year $1000 par value bond that has a 3% coupon rate and pays interest annually was purchased for $900. The cash flows in. fifth year will total a. $1000 b. $1030 c. 5900 d. $930 Step by Step Solution
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