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You have just been offered a $ 1 , 0 0 0 par value bond for $ 8 3 5 . 1 2 . The
You have just been offered a $ par value bond for $ The coupon rate is percent, payable annually payment year Annual interest rates on new issues of the same degree of risk are percent. You want to know how many more interest payments you will receive, but the party selling the bond cannot remember. Determine how many interest payments remain.
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