What are the cash payments associated with the sleeping beauties? Who gets how much and when, per $100 of bonds issued? Consider the following dates: the issue date, the delivery date, the date of the first, second, etc. interest payments, the maturity date.(Assume the bonds remain outstanding through 2093)Suppose on the date after the sleeping beauties were sold, the prevailing interest rate increased one percentage point, ie, from 7.55% to 8.55%.a.) What events might cause such a change?b.) What would be the new price of the sleeping beauties?
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