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Business, 15.02.2021 20:30 morgan15776

Suppose that Ford issues a coupon bonds at a price of $1,000​, which is the same as the​ bond's par value. Assume the bond has a coupon rate of 7.5​%, pays the coupon once per​ year, and has a maturity of 20 years. If an investor purchased this bond at the price of $1,000​, for each year except the last​ year, the investor would receive a payment of ​$nothing. ​(Round your answers to the nearest​ dollar.)

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