A corporation issuing a bond to raise $100 million issues 100,000 individual bonds. If each...
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Finance
A corporation issuing a bond to raise $100 million issues 100,000 individual bonds. If each bond pays a 4% coupon, a bondholder who owns one of those bonds would most likely receive a coupon of
$40 every six months.
$20 every six months.
$20 per year.
$80 per year.
$100 at maturity.
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