Question: Is it true to state that the interest (excluding face value) cash flows of a 10-year bond that pays coupon interest semiannually, has a coupon
Is it true to state that the interest (excluding face value) cash flows of a 10-year bond that pays coupon interest semiannually, has a coupon rate of 5%, and has a par value of $100,000 is a $3,500 annuity for 20 years? Please draw the cash flows on a timeline to explain the answer. Thanks.
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