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Solve annual coupon interest payments

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Reference no: EM132549769

Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.

Question 1: Calculate annual coupon interest payments. The answer should be calculated to two decimal places

Company: Fresh Bakery

Price: 90.332

Coupon Rate: 6.649

Maturity Date: 04-15-2040

YTM: -

Current Yield: -

Rating: AA

Reference no: EM132549769

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