What is the coupon payment for this bond

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Reference no: EM131822492

A 30-year bond with a face value of $1,000 has a coupon rate of 5.50 %, with semiannual payments.  

a. What is the coupon payment for this bond?

b. Enter the cash flows for the bond on a timeline. Cash Flow Amount (Round to the nearest cent.)

Reference no: EM131822492

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