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Question 21 Star Inc. corporate bond has $1,000 face value and pays semiannual coupons. Below is today's market quotation for the company's bond. Issuer Symbol

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Question 21 Star Inc. corporate bond has $1,000 face value and pays semiannual coupons. Below is today's market quotation for the company's bond. Issuer Symbol Coupon Maturity S&P High Low Last Yield% Rating Name Star Inc. STR 6% Dec 2020 AAA 95.5 95.05 94.00 4.9% A. How much will bondholders receive on each coupon payment date? (2 marks) B. What is the credit quality of the bond? (2 marks)

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