A ten-year inflation-indexed bond has a par value of 10000, Ask an Expert

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A ten-year, inflation-indexed bond has a par value of $10,000 and a yearly coupon rate of 6.5 percent. During the first six months since the bond was issued, the inflation rate was 2.3 percent. Based on this information, the coupon payment after six months will be _________.

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Financial Management, Finance

Category:- Financial Management
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