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XYZ Corporation issues bonds with a $100 face value that make coupon payments of $5 every 3 months. What is the coupon rate? Select an

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XYZ Corporation issues bonds with a $100 face value that make coupon payments of $5 every 3 months. What is the coupon rate? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 0.50% b 1.00% c 5.00% e 20.00%

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