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1 October, 05:53

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

+4
Answers (1)
  1. 1 October, 06:19
    0
    The correct answer is B, $950 dollars.
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