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The Bond Market If a corporate bond with a face value of $20,000 pays yearly coupon payments of $300, what is the coupon rate? (Round

The Bond Market If a corporate bond with a face value of $20,000 pays yearly coupon payments of $300, what is the coupon rate? (Round to the nearest tenth.) Select one: A. 6.0% B. 1.5% C. 6.7% D. 0.7%

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