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An analyst observes a 5-year, 8 percent coupon bond with seminannual payments. The face value is $1,000. How much is each coupon payment? A. $80.
An analyst observes a 5-year, 8 percent coupon bond with seminannual payments. The face value is $1,000. How much is each coupon payment?
| A. | $80. | |
| B. | $40. | |
| C. | $400. | |
| D. | $20. |
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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
15th Edition
159941547X, 978-1599415475
