How much money do have if hold the bond to? maturity

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Problem 1: Consider an annual coupon bond with a face value of ?$100?, 12 years to? maturity, and a price of ?$91. The coupon rate on the bond is 4?%. If you can reinvest coupons at a rate of 3.5?% per? annum, then how much money do you have if you hold the bond to? maturity?

Problem 2: The total proceeds from holding the bond to maturity are

Reference no: EM132774351

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