Question: answer a and b A coupon bond has a face value of ( $ 1,000 ) and matures in 6 years. The bond pays (

answer a and b A coupon bond has a face value of \( \$ 1,000 \) and matures in 6 years. The bond pays \( 6 \% \) coupons annually (not semiannually). The expected return (= discount rate) on the bond is \( 7 \% \) f 2 answers

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