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    Business
  3. Study Set
    Principles of Money Banking
  4. Exam
    Exam 4: Interest Rate Measurement and Behavior
  5. Question
    A Consol Has an Annual Coupon Payment of $100 and a Price
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A Consol Has an Annual Coupon Payment of $100 and a Price

Question 20

Question 20

Multiple Choice

A consol has an annual coupon payment of $100 and a price of $800. The yield on this security is equal to __________ percent


A) 6
B) 10
C) 12.5
D) 14

Correct Answer:

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