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Marilyn purchased a $1,00010-year Treasury note that promised to pay her 0.75% of the face value every six months for the life of the loan.
Marilyn purchased a $1,00010-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.) 6 c.) 0.75 d.) 10
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