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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
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Jul 4, 2018
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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
Mathematics
high-school
Mickzer
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The correct answer is B, $950 dollars.
Ashley O
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Jul 7, 2018
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Ashley O
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The correct answer is B, $950 dollars.
Arman
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Jul 9, 2018
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