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frustelle frustelle
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8 months ago

A person buys a newly issued bond that matures in 10 years with a face value of $10,000 and a coupon rate of 4%.  How much money will the bondholder receive in the tenth year?



▸

$10,040.



▸

$10,400.



▸

$10,000.



▸

$40.



▸

​$400.

Textbook 
Economics

Economics


Edition: 12th
Author:
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angelofavariceangelofavarice
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8 months ago
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frustelle Author
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8 months ago
this is exactly what I needed
dianeflunder
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Yesterday
Helped a lot
ezsancheezy
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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