A fully amortized bond has a maturity of 5 years the, Financial Management

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A fully amortized bond has a maturity of 5 years the

A fully amortized bond has a maturity of 5 years, and a coupon rate of 8.2%. The market interest rate is assumed to be 8.2%, and the principal amount of the bond is $1,000. The principal repayment the first year is:

Round you answer to 2 decimal places, for example $100.12.

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Financial Management: A fully amortized bond has a maturity of 5 years the

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Financial Management: A fully amortized bond has a maturity of 5 years the

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