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A bond with a 7 percent coupon that pays interest annually and is priced at par will have a market price of _____ and coupon
A bond with a 7 percent coupon that pays interest annually and is priced at par will have a market price of _____ and coupon payments in the amount of _____ each.
Select one:
a.
$107; $7
b.
$00; $3.5
c.
$107; $3.5
d.
$100; $7
e.
$100.7; $7
A bond with a 7 percent coupon that pays interest annually and is priced at par will have a market price of _____ and coupon payments in the amount of _____ each.
Select one:
a.
$107; $7
b.
$00; $3.5
c.
$107; $3.5
d.
$100; $7
e.
$100.7; $7
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