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On a 3 year fixed payment loan, the fixed payment equals $3,900 a year. If the interest rate on the loan is 6%, how much

On a 3 year fixed payment loan, the fixed payment equals $3,900 a year. If the interest rate on the loan is 6%, how much is the loan.

Question 19 options:

$10,425

$12,999

$14,256

$11,700

What is the price of a consol bond that has annual coupon payments of $7500, a an interest rate of 5%,

Question 28 options:

$140,000

$150,000

$160000

$7142

What is the price of a 3 year coupon bond with a coupon payment of $150 and a face value of $3000? The average rate of interest is 3%.

Question 35 options:

$3169.72

$3639.85

$4500.36

$3659.79

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