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Jay Aquire is considering the purchase of a Builtrite. $1000 par, 6 1/2% coupon rate, 5 year maturity bond which is selling for $975. What

Jay Aquire is considering the purchase of a Builtrite. $1000 par, 6 1/2% coupon rate, 5 year maturity bond which is selling for $975. What is the dollar amount of interest that this bond pays annually? $6.48 $65,00 $67.50 $68.40 Previous Next

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