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Q1) A $1,000 par value bond that pays interest annually just paid $74 in interest. What is the coupon rate? (1 point) Q2) A 05.70%
| Q1) A $1,000 par value bond that pays interest annually just paid $74 in interest. What is the coupon rate? (1 point) |
| Q2) A 05.70% coupon, 17-year annual bond is priced at $841. What is the current yield for this bond? (1 point) |
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