Find the interest payment for the following two bonds (par value for each is $1,000, semi-annual payments):
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Find the interest payment for the following two bonds (par value for each is $1,000, semi-annual payments):
- A 5.5% coupon bond
- A zero-coupon bond maturing in 10 years?
Expert Answer:
Answer rating: 100% (QA)
A A 55 coupon bond Interest payment Par value Coupon rateN... View the full answer
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