On 10/04/18, consider a fixed-coupon bond whose features are the following: face value: $1,000 coupon
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Question:
On 10/04/18, consider a fixed-coupon bond whose features are the following:
• face value: $1,000
• coupon rate: 8%
• coupon frequency: semiannual
• maturity: 12/06/18
What are the future cash flows delivered by this bond?
Related Book For
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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