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The Associated Dry Goods Corp. coupon bond has 7 years to maturity and a face value of $1,000. The bond trades for $759.92 and has
The Associated Dry Goods Corp. coupon bond has 7 years to maturity and a face value of $1,000. The bond trades for $759.92 and has a coupon of $50 annually. What are the cash flows from the bond if you purchase it now and keep it until maturity?
a) $50
b) $759.92
c) $1,000
d) $350
e) $1,350
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