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Gut Feel Inc. issues bonds with a $1,000 face value that make a coupon payments of $30 every 3 months. What is the coupon rate?

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Gut Feel Inc. issues bonds with a $1,000 face value that make a coupon payments of $30 every 3 months. What is the coupon rate? A.0.30% B.3.00% C.9.00% D. 12.00%

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