Question: 12) If a coupon bond with $2,000 face value and $2,500 market price has a coupon rate of 12 percent, then the coupon payment

12) If a coupon bond with $2,000 face value and $2,500 market

12) If a coupon bond with $2,000 face value and $2,500 market price has a coupon rate of 12 percent, then the coupon payment every year is A) $120. B) $240. C) $300. D) $400.

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