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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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