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How much will the coupon payments be of a 10 -year $1,000 bond with a 8.5% coupon rate and quarterly payments? A. $7.08 B. $85.00

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How much will the coupon payments be of a 10 -year $1,000 bond with a 8.5% coupon rate and quarterly payments? A. $7.08 B. $85.00 C. $42.50 D. $21.25

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