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How much will the coupon payments be of a 15 -year $ 500 bond with a 6 % coupon rate and quarterly payments? A. $

How much will the coupon payments be of a

15

-year

$ 500

bond with a

6

%

coupon rate and quarterly payments?

A.

$ 30.00

B.

$ 7.50

C.

$ 2.50

D.

$ 15.00

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