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Please answer #6
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Answer : The annual Coupon payment on the bond is $ 170

Working nites for the above answer is as follow

$1,156.60 = PMT(PVIFA14%,10)+ 1000(PVIF14%,10)

= PMT((1- 1/1.14,10)/0.14) +1000(0.2697)

PMT = $170.

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