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A. A bond with a face value of $1,000 and a 9 percent coupon rate that pays annual coupon payments is priced at par will
A. A bond with a face value of $1,000 and a 9 percent coupon rate that pays annual coupon payments is priced at par will have a market price of ____ , and annual coupon payments in the amount of ____ each.
B. What is the financial market where Treasury bills and Commercial papers are traded?
C. Explain three (3) important functions of money
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