Question: Consider a bond that, when issued, has a coupon rate of 7 % and a maturity of 1 5 years. Based on our usual assumptions

Consider a bond that, when issued, has a coupon rate of 7% and a maturity of 15 years. Based on our usual assumptions about bonds, Choose the best answer.
Group of answer choices
The bond promises to pay 30 total coupons of $70 each paid once a year.
The bond promises to pay 30 total coupons of $70 each paid twice a year.
The bond promises to pay 30 total coupons of $35 each paid once a year.
The bond promises to pay 30 total coupons of $35 each paid twice a year.
The bond promises to pay 15 total coupons of $70 each paid once a year.
The bond promises to pay 15 total coupons of $70 each paid twice a year.
The bond promises to pay 15 total coupons of $35 each paid once a year.
The bond promises to pay 15 total coupons of $35 each paid twice a year.

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