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For a Corporate Bond with a Face Value of $1,000

Question 140

Multiple Choice

For a corporate bond with a face value of $1,000 and a stated interest rate of 6 percent, the owner would receive


A) $60 every six months.
B) $60 every month.
C) $30 every six months.
D) $30 every month.
E) $60 between the date of purchase and the maturity date.

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