Suppose you are planning to purchase a Comcast Corporation bond that matures in 2038 and has a
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Suppose you are planning to purchase a Comcast Corporation bond that matures in 2038 and has a 3.15 percent coupon rate. The last price, as a percentage of face value, is 99.148, or 99.148 percent. Suppose you purchase $100,000 in face value. How much will this bond cost? Assuming semiannual payments, what coupon payments do you receive?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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