Question: Please solve for A & B Thank you Consider a 15-year bond with a face value of $1,000 that has a coupon rate of 5.6%,

 Please solve for A & B Thank you Consider a 15-year

Please solve for A & B Thank you

Consider a 15-year bond with a face value of $1,000 that has a coupon rate of 5.6%, with semiannual payments. a. What is the coupon payment for this bond? b. Draw the cash flows for the bond on a timeline. a. What is the coupon payment for this bond? The coupon payment for this bond is $ (Round to the nearest cent.)

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