What will be your total revenue at the end of three years

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You can purchase a bond that will mature 3 years later for 4000 TL. The face value of the bond is 5,000 TL. And the bond has coupon payments at an annual nominal interest rate of 10% payable every 6 months. You can compounded monthly with an annual nominal interest rate of 12%. What will be your total revenue at the end of 3 years?

Reference no: EM132044432

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