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What are the cashflows of a 4 year 4% annual coupon bond with a face or par value of $1,000,000 and annual sinking fund payments
What are the cashflows of a 4 year 4% annual coupon bond with a face or par value of $1,000,000 and annual sinking fund payments of $100,000 with a balloon payment at maturity? (Show on a timeline.)
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