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30 March, 08:33

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?

A. $200.00

B. $110.00

C. $55.00

D. $150.00

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Answers (1)
  1. 30 March, 08:39
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    The total annual earning for this bond is B. $110.00
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