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Your broker faxed to you the following information about a semiannual coupon bond that you are considering as a potential investment. Unfortunately, your fax machine
Your broker faxed to you the following information about a semiannual coupon bond that you are considering as a potential investment. Unfortunately, your fax machine is blurring some of the items, and all you can read from the fax on the bond is the following:
Features | AOL Coupon Bond |
Face Value | $1,000 |
Coupon rate |
|
Yield to maturity | 5% |
Years to maturity | 10 |
Price | $1078 |
Fill in the missing data from the information that the broker sent. Show your work below.
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