Question
You just purchased a bond with a 6.1% coupon rate, face value of $10000, semiannual coupons, and five years to maturity, and yield to maturity
You just purchased a bond with a 6.1% coupon rate, face value of $10000, semiannual coupons, and five years to maturity, and yield to maturity of 10% APR. How much cash flow in coupon will you receive in 6 months when you receive your first coupon payment?
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
