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A bond with 1000 par value and a coupon rate of 8% pays coupons semiannually. Find the coupon amount. a. 20 b. 40 c. 100

A bond with 1000 par value and a coupon rate of 8% pays coupons semiannually. Find the coupon amount.

a.

20
b.

40
c.

100
d.

80

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