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Corporate bonds typically pay semi-annual coupon payments. If a $1,000 corporate bond was issued at an 8% interest rate, the semi-annual coupon payments would be
Corporate bonds typically pay semi-annual coupon payments. If a $1,000 corporate bond was issued at an 8% interest rate, the semi-annual coupon payments would be $40 each.
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International Business Competing In The Global Marketplace
Authors: Charles Hill
14th Edition
1260387542, 9781260387544
