0 1 2 3 …. 59 60 $57.50 $57.50 $57.50 …. $57.50 $5057…
0 1 2 3 …. 59 60 $57.50 $57.50 $57.50 …. $57.50 $5057.50 Brutus Co. issues a bond that generates the above cash flows. If the periods are of 3-month intervals, which of the following best describes that bond?