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Scott bought a $2000 bond with a 5.5% coupon that matures in 20 years. What are Scott's total annual earnings for this bond? O A. $110.00 O B. $150.00 O C. $200.00 O D. $55.00
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Scott bought a $2000 bond with a 5.5% coupon that matures in 20 years.

What are Scott's total annual earnings for this bond?
O A. $110.00
O B. $150.00
O C. $200.00
O D. $55.00

User Shawn Swaner
by
7.9k points

1 Answer

4 votes

Answer: 110.00

Step-by-step explanation: Got it right in my test

User Xara
by
9.1k points
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