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If a bond has a coupon rate of 8%, the market rate is 6%, and the face value of the bond is $1000. How much
If a bond has a coupon rate of 8%, the market rate is 6%, and the face value of the bond is $1000. How much can someone expect to earn each year from that bond?
$1000
$80
$1060
$60
$1080
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