describe the general pattern of cash flows from a, Financial Management

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describe the general pattern of cash flows from a

Describe the general pattern of cash flows from a bond with a positive coupon rate.

Cash flows as of a bond with a positive coupon rate consist of periodic interest payments and the face value payment at maturity. Coupon interest payments take place at standard intervals throughout the life of the bond. The face value payment takes place on the maturity date.

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