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Assume That You Purchase a $1,000 Bond Issued by Harley-Davidson

Question 109

Multiple Choice

Assume that you purchase a $1,000 bond issued by Harley-Davidson that pays 6% interest each year,paid semiannually.What is the amount of each interest payment?


A) $3.00
B) $6.00
C) $30.00
D) $60.00
E) $1,000

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