Hold the bond to maturity

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Reference no: EM133715904

Question: Jaden just purchased a 4-year, $3,000 bond. The bond pays a 6.0% semi-annual coupon and was priced at 96.5. Being an expert in Finance, Jaden knows he paid this amount for the bond and will receive this amount in total coupon payments if he holds the bond to maturity?

Reference no: EM133715904

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