Question: If a $ 5 , 0 0 0 face value coupon bond has a coupon rate of 1 3 % , then the coupon payment

If a $5,000 face value coupon bond has a coupon rate of 13%, then the coupon payment every year is
a. $650.
b. $1,300.
c. $130.
d. $13.
e. none of the above
If a $5,000 face value coupon bond has a coupon rate

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