You bought a bond that pays semiannual coupons at the
You bought a bond that pays semiannual coupons at the coupon rate of 6%. The bond's par value is $1000. Three years later you sell the bond. What is the future value of the coupons earned in these three years, if you can reinvest coupons at 4% rate?
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you bought a bond that pays semiannual coupons at the coupon rate of 6 the bonds par value is 1000 three years later
a bond with semi-annual coupons and par value of 1000 pays 5 coupons you bought the bond for 85764 and sold it 18
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