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Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 3
The face value of a bond is $10,000, and the annual coupon payment is $850. What is the coupon rate?
Explanation
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The coupon rate is the percentage of fac...
Macroeconomics 10th Edition by Roger Arnold
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