What contribution bond, You have the following bond: $1000

What contribution bond

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Reference no: EM13724906

You have the following bond: $1000 Par, 22 years to maturity, Mkt rate of 9.75%, coupon of 10.25%, compounded semi-annually. The PV of the bond is $1044.97. What contribution to this $1044.97 does the coupon payment 27 periods from today make to this figure? Enter as a positive number, with two decimal places.

Reference no: EM13724906

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