A bond has a par value of $ 1 , 0 0 0 , a current yield

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Question:

A bond has a par value of $

1, 000,

a current yield of

6.96

percent, and semiannual coupon payments. The bond is quoted at

101.95 .

What is the amount of each coupon payment?

Posted Date: May 18, 2024 11:17 AM

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A bond has a par value of $ 1 , 0 0 0 , a current yield

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