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12 May, 05:14

Sarah has a $2000 bond with a 7% coupon. How much interest will Sarah receive for this bond every 6 months?

A. $75.00

B. $70.00

C. $25.00

D. $140.00

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Answers (1)
  1. 12 May, 05:43
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    Per year 7% for $2000 bond. It will be $140 per year.

    Then per 6 months, it will be $70.

    so, answer is B.
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