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momoluv25 momoluv25
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A year ago
The Bond Market

If a corporate bond with a face value of $3000 has an interest rate of 2% paid once a year for a term of 10 years, at the end of the tenth year, the corporation would pay the bondholder ________.

▸ only the final coupon payment of $1500.00

▸ only the final coupon payment of $60.00

▸ $3000 minus the annual coupon payment

▸ $3000 plus the annual coupon payment.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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overlandtrailoverlandtrail
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A year ago
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