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Which of the following represents the formula for calculating the coupon payment of a bond? a. The coupon rate divided by the yield to maturity
Which of the following represents the formula for calculating the coupon payment of a bond?
a. | The coupon rate divided by the yield to maturity | |
b. | The par value divided by the original number of years to maturity | |
c. | The coupon rate multiplied by the par value | |
d. | The coupon rate multiplied by the number of years to maturity | |
e. | The par value divided by the number of years left to maturity |
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