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Marilyn purchased a $1,000 10-year Treasury note that promised to pay her 0.75% of the face value every six months for the life of the
Marilyn purchased a $1,000 10-year Treasury note that promised to pay her 0.75% of the face value every six months for the life of the loan.
Which of those numbers is the coupon rate of the note?
- a.)Six
- b.)1,000
- c.)0.75
- d.)10
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