Question: Question Completion Status: QUESTION 30 A bond has a par value of $7,000 and a coupon rate of 6 percent. What is the dollar amount

Question Completion Status: QUESTION 30 A bond has a par value of $7,000 and a coupon rate of 6 percent. What is the dollar amount of each semiannual interest payment? a. $105 b. $210 C $320 d. $420 e. $840

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