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A Bond with a 6% Coupon That Pays Interest Semi-Annually

Question 44

Multiple Choice

A bond with a 6% coupon that pays interest semi-annually and is priced at par will have a market price of _____ and interest payments in the amount of _____ each.


A) $1,006; $60
B) $1,060; $30
C) $1,060; $60
D) $1,000; $30
E) $1,000; $60

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