[Solved] Sunken Garden Inc.'s bonds sell for $1,06

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Sunken Garden Inc.'s bonds sell for $1,065.15. The bonds mature in 9 years and the yield to maturity is 7%. What is the annual cash

Sunken Garden Inc.'s bonds sell for $1,065.15. The bonds mature in 9 years and the yield to maturity is 7%. What is the annual cash flow on the bonds? Assume semiannual coupon payments.

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