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How much will the coupon payments be of a 15 -year $1,000 bond with a 7.5% coupon rate and quarterly payments? A. $18.75 B. $6.25

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How much will the coupon payments be of a 15 -year $1,000 bond with a 7.5% coupon rate and quarterly payments? A. $18.75 B. $6.25 C. $37.50 D. $75.00

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