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21 September, 02:05

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

+1
Answers (1)
  1. 21 September, 02:48
    0
    The correct answer is B, $950 dollars.
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