cbyearty4766 cbyearty4766
  • 19-01-2018
  • Business
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If a corporate bond with face value of $1,000 has an interest rate of seven percent paid once a year for a term of 10 years, what is the size of the coupon payment? $1,000 $700 $70 $7

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64Deluxe
64Deluxe 64Deluxe
  • 19-01-2018
I believe the answer is $700.
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