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Moderngirl22 Moderngirl22
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3 years ago
A U.S. Government T-Bond with a 15-year maturity has a coupon rate of 5%. The bond has a face value of $1,000 and pays its coupons semi-annually. The next coupon is due in six months. The bond trades for $949.38 to yield 5.5%. What are the cash flows from the bond?

▸ $750.00

▸ $800.62

▸ $1,000.00

▸ $1,750.00

▸ $2,699.38
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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lukecastagna314lukecastagna314
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3 years ago
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Moderngirl22 Author
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3 years ago
This calls for a celebration Person Raising Both Hands in Celebration
Lawson1981
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Smart ... Thanks!
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This site is awesome
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