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The coupon rate of a bond is best defined as: Select one: O a. the periodic payment divided by the premium value of a bond

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The coupon rate of a bond is best defined as: Select one: O a. the periodic payment divided by the premium value of a bond b. the semi-annual interest payment divided by the par value c. the semi-annual interest payment divided by the market price d. the annual coupon divided by the face value of a bond Which of the following is not a step involved in the analysis of consumer lending proposals? Select one: a. Analyse financial statements b. Investigate and verify information c. Interview applicant d. Meet with credit counsellor Energy Australia has issued a five-year bond with a coupon rate of 8% and a face value of $5,000. The yield to maturity is 10%. What is the value of the bond? Select one: a. $4,620.94 b. $3,050.00 c. $5,000.00 d. $5,399.37

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