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What is the coupon payment of a 25-year $1000 bond with a 4.5% coupon rate with quarterlypayments? A) $3.75 B) $11.25 C) $22.50 D) $45.00

What is the coupon payment of a 25-year $1000 bond with a 4.5% coupon rate with quarterlypayments? A) $3.75 B) $11.25 C) $22.50 D) $45.00

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