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Part $1$

Consider a $20-$year bond with a face value of $$$$1$ comma $000$ that has a coupon rate of $5\mathrm{.}7\%,$ with semiannual payments.

a$.$ What is the coupon payment for this$$ bond?

b$.$ Draw the cash flows for the bond on a timeline.

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Part $1$

a$.$ What is the coupon payment for this$$ bond?

The coupon payment for this bond is $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$