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A $1,000 corporate bond maturing in 15 years with a coupon interest rate of 9.9% was purchased for $980. What is its current annual income?
A $1,000 corporate bond maturing in 15 years with a coupon interest rate of 9.9% was purchased for $980. What is its current annual income?
a. $1000 b. $980 c. 99
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Construction Auditing Planning Implementation Use
Authors: Peter Wotschke, Gregor Kindermann
1st Edition
3658388404, 978-3658388409
