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The annual coupon rate for an inverse floater is (10% - T-bill rate) and coupon payments are made annually. The face value of the bond

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The annual coupon rate for an inverse floater is (10% - T-bill rate) and coupon payments are made annually. The face value of the bond is $1,000,000. Assume that the current T-bill rate for the specific period is 3%. What would be the coupon payment for the inverse floater in this period? O $70,000 O $10.000 O $40,000 O $100,000

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