Question: You purchased a 4 . 3 5 % Coupon Bond at $ 1 0 1 . 0 0 at a YTM of 4 . 2

You purchased a 4.35% Coupon Bond at $101.00 at a YTM of 4.2%. The bond has an 20-year
maturity. What is the total future value of your reinvestment income from coupons? Coupons
are paid semiannually.

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