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OpenStudy (anonymous):
Please help !!!! The face value on a bond is $30,000. It has a 25-year maturity and a 5% coupon. What is the annual interest paid to the bondholder?
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OpenStudy (phi):
isn't it 5% of 30,000 ?
OpenStudy (anonymous):
thats what i thought but that doesn't show as my answer
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