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How much will the coupon payments be of a 15-year $ 500 bond with a 10% coupon rate and quarterlypayments? a) $50 b) $12.50 c)

How much will the coupon payments be of a 15-year $ 500 bond with a 10% coupon rate and quarterlypayments?

a) $50

b) $12.50

c) $25

d) $4.17

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