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What is the coupon payment of a 8-year $20,000 bond with a 6% coupon rate with semiannual payments? A. $900 B. $600 C. $1,200 D.
What is the coupon payment of a 8-year $20,000 bond with a 6% coupon rate with semiannual payments?
A. | $900 | |
B. | $600 | |
C. | $1,200 | |
D. | $200 |
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