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7. Arielle is considering buying bond that pays $150 per year. The price of the bond is $876. What is the coupon rate (CR) or

7.

  1. Arielle is considering buying bond that pays $150 per year. The price of the bond is $876. What is the coupon rate (CR) or nominal yield?

    12%

    15%

    17.12%

    None of the above

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