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Question 15 6 pts What is the annual interest payment on a bond with a 7% coupon rate and a $1,000.00 par value? $700.00 $7.00

Question 15 6 pts What is the annual interest payment on a bond with a 7% coupon rate and a $1,000.00 par value? $700.00 $7.00 O $70.00 $77.00

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