A bond with a coupon rate of 6 percent that pays interest semiannually and is priced at par will have a market price of ________ and interest payments in the amount of ________ each.
A) $1,006; $60
B) $1,060; $30
C) $1,060; $60
D) $1,000; $30
E) $1,000; $60
Correct Answer:
Verified
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A)is sold at a
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