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Suppose a bond's par value is $1,000, coupon rate is 5%, and its current market price is $900. What is the annual coupon payment? A.50
- Suppose a bond's par value is $1,000, coupon rate is 5%, and its current market price is $900. What is the annual coupon payment?
- A.50
- B.90
- C.100
- D.45
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
