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Mary just purchased a bond which pays $60 a year in interest. In calculating PVBo, what is the meaning of $60? a. Coupon payment b.
Mary just purchased a bond which pays $60 a year in interest. In calculating PVBo, what is the meaning of $60?
a.
Coupon payment
b.
Discount Value
c.
Yield
d.
Face value
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