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hungry22 hungry22
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8 months ago

A person buys a newly issued bond that matures in 6 years with a face value of $1,000 and a coupon rate of 5%.  How much money will the bondholder receive in the sixth year?



$1,050.



$1,500.



$1,000.



$50.



$500

Textbook 
Economics

Economics


Edition: 12th
Author:
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Gab27Gab27
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8 months ago
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hungry22 Author
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8 months ago
Smart ... Thanks!
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Yesterday
this is exactly what I needed
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2 hours ago
Thanks
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