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A $2,000 bond with semi-annual coupon payments is trading at par. If its yield is 3% per annum, its coupon payments are Select one: a.

A $2,000 bond with semi-annual coupon payments is trading at par. If its yield is 3% per annum, its coupon payments are

Select one:

a. $30

b. $60

c. $15

d. Cannot be determined from the information provided.

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