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Tenet Healthcare Bond pays an annual coupon of $5 and is callable at $ 101 in exactly 1 year. There is a 50/50 chance that
Tenet Healthcare Bond pays an annual coupon of $5 and is callable at $ 101 in exactly 1 year. There is a 50/50 chance that in year 1, the price of this bond will be either $108 or $98. What is your cash flow CF1 at year 1 in case if interest rates go down? Don't forget to include both value and coupons you receive in year! PLEASE INPUT YOUR ANSWER IN DOLLARS AND ROUND IT TO THE NEAREST INTEGER
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