Question: 3. Consider a fixed-coupon bond whose features are the following: face value: $1,000 coupon rate: 9,6% coupon frequency: quarterly maturity: 05/June/24 What are the future
3. Consider a fixed-coupon bond whose features are the following: face value: $1,000 coupon rate: 9,6% coupon frequency: quarterly maturity: 05/June/24 What are the future cash flows (coupon payments) delivered by this bond? (10p) 4. Blackwell bonds have a face value of $1.000 and are currently quoted at 975. The coupon rate of the bonds is 8 percent. What is the current yield of these bonds? (10p)
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