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thanks a lot A $100 par value bond has the following features: . Term to maturity is 25 years. Annual coupon rate is 5%. .

thanks a lot

A $100 par value bond has the following features: . Term to maturity is 25 years. Annual coupon rate is 5%. . The yield on the bond is an annual effective interest rate of 8%. Calculate the percentage of the 6th coupon payment used to pay interest

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