Question: D&G Enterprises issues bonds with a $1,000 face value that make coupon payments of $40 every 3 months. What is the coupon rate? A. 0.40%

D&G Enterprises issues bonds with a $1,000 face value that make coupon payments of $40 every 3 months. What is the coupon rate? A. 0.40% B. 4.00% C. 12.00% D. 16.00% E. 32.00%

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