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Q23) A 1,000 par value bond that pays interest annually just paid $59.00 in interest. What is the coupon rate? (1.5 points) Q24) An 6.17%
Q23) A 1,000 par value bond that pays interest annually just paid $59.00 in interest. What is the coupon rate? (1.5 points) Q24) An 6.17% coupon, 3.0-year annual bond is priced at $1,070.00. What is the current yield for this bond? (1.5 points)
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