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What is a & b? Consider a 30-year bond with a face value of $1,000 that has a coupon rate of 5.1%, with semiannual payments.
What is a & b?
Consider a 30-year bond with a face value of $1,000 that has a coupon rate of 5.1%, with semiannual payments. a. What is the coupon payment for this bond? b. Draw the cash flows for the bond on a timeline Step by Step Solution
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