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Lori bought a bond with a face value of $20,000 and a coupon rate of 9.5%. The bond will mature in 20 years.

How much interest will she receive semiannually?

Question 3 options:

$380


$950


$1140


$1900

User Mickzer
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2 Answers

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The correct answer is B, $950 dollars.

User Ashley O
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The correct answer is B, $950 dollars.
User Arman
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