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Q8. A coupon bond with a face value of $20,000 is selling for $18,043. It matures in one year. It has a $750 annual coupon

Q8. A coupon bond with a face value of $20,000 is selling for $18,043. It matures in one year. It has a $750 annual coupon payment. Its coupon rate is closest to: A) 4.2 percent. B) 0.9 percent. C) 3.75 percent. D) 15 percent Correct Ans

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