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how much will the coupon payments be of a 15-year $5000 bond with a 8% coupon...

how much will the coupon payments be of a 15-year $5000 bond with a 8% coupon rate and semiannual payments?
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Solution: The annual coupon payment is $400 i.e. 8% of $5000 and coupon payment of $200 i.e. $400/2 would be made at semi-annual intervals. Total coupon payments in 15-year time period is $6000.

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