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Say we have a bond with the following characteristics: Face Value = $1000 Coupon rate = 6% Maturity = 11 years Interest rate = 6%
Say we have a bond with the following characteristics: Face Value = $1000 Coupon rate = 6% Maturity = 11 years Interest rate = 6% If interest rates were to remain at 6%, what would be the accumulated coupon income in year 3? Group of answer choices $160.38 $92.01 $898.30
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