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If You Purchased a Newly Issued 30-Year Bond from Google

Question 134

Multiple Choice

If you purchased a newly issued 30-year bond from Google with a face value of $3,000 and a coupon payment of 6 percent,Google would pay you


A) $100 per year for 30 years plus $3,000 at the end of the 30th year.
B) $180 per year for 30 years.
C) $180 per year for 30 years plus $3,000 at the end of the 30th year.
D) $100 per year plus 6 percent per year for 30 years.

Correct Answer:

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