Question: Is it true to state that the interest ( excluding face value ) cash flows of a 1 0 - year bond that pays coupon
Is it true to state that the interest excluding face valuecash flows of a year bond that pays coupon interestsemiannually, has a coupon rate of and has a par value of$ is a $ annuity for years? Please draw the cashflows on a timeline to explain the answer. Thanks.
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