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A corporate bond has a coupon rate of 12%, a yield-to-maturity of 9%, a face value of $1000, and a market price of $1,150. What
A corporate bond has a coupon rate of 12%, a yield-to-maturity of 9%, a face value of $1000, and a market price of $1,150. What is the annual interest payment on such bond? $138.50$120.00$103.50$90.00
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