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D&G Enterprises issues bonds with a $1,000 face value that make coupon payments of $30 every 4 months. What is the coupon rate? 1) 0.30%

D&G Enterprises issues bonds with a $1,000 face value that make coupon payments of $30 every 4 months. What is the coupon rate? 1) 0.30% 2) 3.00% 3) 12.00% 4) 9.00% 5) 30.00%

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