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- This morning, Sam bought a fifteen - year 8 . 5 % coupon bond that pays interest annually. He paid $ 1 , 0
This morning, Sam bought a fifteenyear coupon bond that pays interest annually. He paid $ for a $ bond. If the market interest rate on this type of bond declines to tonight, how much will Sam receive for his first interest payment?A $ B $ C $ D $ E $
This morning, Sam bought a fifteenyear coupon bond that pays interest annually. He paid $ for a $ bond. If the market interest rate on this type of bond declines to tonight, how much will Sam receive for his first interest payment?A $ B $ C $ D $ E $
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