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A corporate bond makes payments of $9.67 every month for ten years with a final payment of $2009.67. Which of the following best describes this
A corporate bond makes payments of $9.67 every month for ten years with a final payment of $2009.67. Which of the following best describes this bond? A. a 10 - year bond with a face value of $2,009.67 and a coupon rate of 5.8% with monthly payments B. a 10 - year bond with a face value of $2,000 and a coupon rate of 5.8% with monthly payments C. a 10 - year bond with a face value of $2,009.67 and a coupon rate of 4.8% with monthly payments D. a 10 - year bond with a face value of $2,000 and a coupon rate of 4.8% with monthly payments
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