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An investor owns a 10 year, $30,000 Corporate bond with a 6% coupon rate. 1. How much interest will the investor receive annually? A) $600
An investor owns a 10 year, $30,000 Corporate bond with a 6% coupon rate.
1. How much interest will the investor receive annually?
A) $600
B) $1800
C) $900
D) None of the above
2. How much will the investor receive at maturity?
A) $30,000
B) $60,000
C) $1800
D) $20,000
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