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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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