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  3. a corporation issuing a bond to raise $100 million

A corporation issuing a bond to raise $100 million issues 100,000 individual bonds. If each...

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Finance

  1. 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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