Find the interest payment for the following two bonds (par value for each is $1,000, semi-annual payments):
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Question:
Find the interest payment for the following two bonds (par value for each is $1,000, semi-annual payments): A.
A 5.5% coupon bond
B. A zero-coupon bond maturing in 10 years?
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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