What is the coupon payment for this? bond

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Reference no: EM131300194

Consider a

1010?-year

bond with a face value of

$ 1 comma 000$1,000

that has a coupon rate of

5.5 %5.5%?,

with semiannual payments.

a. What is the coupon payment for this? bond?

b. Draw the cash flows for the bond on a timeline.

Reference no: EM131300194

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