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Gabriel buys a $2,000 fixed-rate bond with a 4% coupon and five years to maturity. How much interest will he earn over the life of the bond? $400 $800 $2,400 $2,800
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Nov 14, 2019
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Gabriel buys a $2,000 fixed-rate bond with a 4% coupon and five years to maturity. How much interest will he earn over the life of the bond?
$400
$800
$2,400
$2,800
Mathematics
college
Michael Urman
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Michael Urman
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correct answer A
Step-by-step explanation: $400 would be your answer
WillDonohoe
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Nov 19, 2019
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WillDonohoe
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