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Assume the coupon rate is 4.5%. Under which case would cash paid for interest payments be the highest? If the market rate is 4.5% If

  1. Assume the coupon rate is 4.5%. Under which case would cash paid for interest payments be the highest?
    1. If the market rate is 4.5%
    2. If the market rate is 5.5%
    3. If the market rate is 3.5%
    4. They would all receive the same amount of cash interest payments

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