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Question 8.4 For a bond with a face value of $1,000 and a coupon rate of 9%, what is the annual coupon payment? Must show
Question 8.4 For a bond with a face value of $1,000 and a coupon rate of 9%, what is the annual coupon payment?
Must show work/calculation
Select one: a. $90 b. $99 c. $1,000 d. $1,190
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Public Finance And Public Policy
Authors: Jonathan Gruber
6th Edition
1319105254, 9781319105259
