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    If a $1,000 Bond Pays 4
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If a $1,000 Bond Pays 4

Question 58

Question 58

Multiple Choice

If a $1,000 bond pays 4.6% interest each year,how much would each semiannual interest payment be?


A) $5
B) $10
C) $20
D) $23
E) $46

Correct Answer:

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