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borteleto borteleto
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5 years ago
The Johnson Corporation issues a bond which has a coupon rate of 10.20%, a yield to maturity of 10.55%, a face value of $1,000, and a market price of $850. Therefore, the annual interest payment is
A) $101.75.
B) $102.
C) $105.50.
D) $120.0.
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guzmanguzman
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5 years ago
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borteleto Author
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Helped a lot
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You make an excellent tutor!
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