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please help! (2) As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 24 years, the coupon rate
please help! (2)
As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 24 years, the coupon rate is 6% paid annually, and the discount rate is 12% What is this bond's coupon payment? Enter your answer in terms of dollars (without decimals), and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 128 Step by Step Solution
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