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Sam purchased a five-year Treasury note with a $1,000 face value and a 7.5% coupon rate. Using the Excel spreadsheet, find out the coupon payment Sam receives if he purchases a five-year Treasury note. To do this, first enter the appropriate coupon rate and face value. Then compute the coupon payment Sam receives and enter this value as your answer.

Microeconomics, Economics

  • Category:- Microeconomics
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