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How much will the coupon payments be of a 20-year $1,000 bond with a 8% coupon rate and quarterly payments? A. $20.00 B. $6.67 O
How much will the coupon payments be of a 20-year $1,000 bond with a 8% coupon rate and quarterly payments? A. $20.00 B. $6.67 O C. $40.00 O D. $80.00 Dan buys a property for $240,000. He is offered a 20-year loan by the bank, at an interest rate of 8% per year. What is the annual loan payment Dan must make? A. $34,222.34 B. $39,111.25 C. $24,444.53 D. $29,333.44 A company issues a ten-year bond at par with a coupon rate of 6.1% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 7.7%. What is the new price of the bond? O A. $1,268 B. $906 C. $1,087 OD. $1,000
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