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7- A bond's coupon rate Equal its annual coupon payment divided by the bonds' current market price a. Varies during the life of the bond

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7- A bond's coupon rate Equal its annual coupon payment divided by the bonds' current market price a. Varies during the life of the bond b. Equals its annual coupon payment divided by the interest rate c. Equals its annual coupon payment divided by its par value d. Both 1 and 2 are correct

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