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Suppose you are considering buying a bond that pays semi-annual coupon payments. The bond has a face value of $1,000 and an annual coupon rate
Suppose you are considering buying a bond that pays semi-annual coupon payments. The bond has a face value of $1,000 and an annual coupon rate of 8%. It is going to mature in 5 years.
How many coupon payments are you going to get in total if you hold the bond til maturity?
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The New CFO Financial Leadership Manual
Authors: Steven M. Bragg
3rd Edition
0470882565, 978-0470882566
