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you decide to invest for 5 years in a 10-year bond. The annual coupon rate is 10% (making semi-annual coupon payments). The face value of
you decide to invest for 5 years in a 10-year bond. The annual coupon rate is 10% (making semi-annual coupon payments). The face value of the bond is $5 million. the annual reinvestment return for the coupon payments is 12%. What the aggregate amount of interest on interest of the 5 year investment?
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