Question: Help Save & Exit Sub Lola Ruiz has a bond that has 1 0 years to maturity, a face value of $ 1 , 0

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Lola Ruiz has a bond that has 10 years to maturity, a face value of $1,000, a 7 percent interest rate, and a market price of $1,100. What is the dollar amount of annual interest on this bond?
Multiple Choice
$20
$70
$100
$110
Help Save & Exit Sub Lola Ruiz has a bond that

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