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The annual bond coupon should increase from $5 to $5.56 but the coupon can't change as only the bond price can change. So the bond is priced approximately at $100 - $0.56 or $99.44 . If the bond is held until maturity, the bond will pay $5 as interest and $100 par value for the matured bond.
The binomial distribution is the PMF of k successes given n independent events each with a probability p of success. Mathematically, when α = k + 1 and β = n − k + 1, the beta distribution and the binomial distribution are related by [clarification needed] a factor of n + 1 :
The Guantanamo Bay detention camp, [note 1] is a United States military prison within Naval Station Guantanamo Bay ( NSGB), also called GTMO (pronounced Gitmo /ˈɡɪtmoʊ/ GIT-moh) on the coast of Guantánamo Bay, Cuba. It was established in January 2002 by U.S. President George W. Bush to hold terrorism suspects and "illegal enemy combatants ...
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