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Please help it'll be greatly appreciated and I will kindly upvote! A 30-year bond with a face value of $1,000 has a coupon rate of
Please help it'll be greatly appreciated and I will kindly upvote!
A 30-year bond with a face value of $1,000 has a coupon rate of 5.5%, with semiannual payments.
a. What is the coupon payment for this bond?
b. Draw the cash flows for the bond on a timeline.
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