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A Bond Purchaser Bought a Bond from Which She Receives

Question 17

Multiple Choice

A bond purchaser bought a bond from which she receives $800 a year from the issuer.If the face value of the bond is __________ then the coupon rate is __________.


A) $10,000; 10 percent
B) $8,000; 8 percent
C) $10,000; 8 percent
D) $8,000; 12 percent
E) none of the above

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