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Use the Following Bond Quotes to Answer This Question

Question 35

Multiple Choice

Use the following bond quotes to answer this question:
Use the following bond quotes to answer this question: -The Alpha Industrial bonds pay an annual interest payment equal to 5.875 percent of: A) $999.90. B) $1,000.00. C) $1,000.13. D) $1,033.54. E) $1,034.07.
-The Alpha Industrial bonds pay an annual interest payment equal to 5.875 percent of:


A) $999.90.
B) $1,000.00.
C) $1,000.13.
D) $1,033.54.
E) $1,034.07.

Correct Answer:

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