Fred purchases a bond, newly issued by the Big Time Corporation, for $10,000.The bond pays $400 to its holder at the end of the first, second, and third years and pays $10,400 upon its maturity at the end of four years.The principal amount of this bond is ___, the coupon rate is ____, and the term of this bond is _____.
A) $400; 40%; four years
B) $10,000; 4%; four years
C) $10,000; $400; 4%
D) $10,400; 4%; four years
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