Question: Each bond interest payment is computed by _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Each bond interest payment is computed by_____________________
Group of answer choices
Multiplying the face value times the stated interest rate times the fraction of the year if the payments are made semiannually
Multiplying the face value times the effective interest rate times the fraction of the year if the payments are made semiannually
Multiplying the par value times the stated interest rate times the fraction of the year if the payments are made semiannually
Multiplying the market value times the stated interest rate times the fraction of the year if the payments are made semiannually

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