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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.)
1,000
b.)
10
c.)
Six
d.)
0.75
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