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What amount of interest is paid per year on a 30-year 5 percent coupon corporate bond with a $1,000 face value and seminannual interest payments?
What amount of interest is paid per year on a 30-year 5 percent coupon corporate bond with a $1,000 face value and seminannual interest payments?
Group of answer choices
$5
$25
$50
$1,000
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