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A corporate bond has a 8.4% annual coupon rate. The bond has a $1000 face value and is currently selling at $1080. The annual coupon
A corporate bond has a 8.4% annual coupon rate. The bond has a $1000 face value and is currently selling at $1080. The annual coupon payment on this bond is
$84.
$87.83.
$96.9.
$90.72.
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