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Find actual amount of interest that bondholder would receive

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Reference no: EM132507957

Question 1: A $100,000 bond bears an interest rate of 6%. The bond was issued at a price of $95,000. The actual amount of interest that the bondholder would receive each year is:

Select one:

Option a. $6,000

Option b. $3,000

Option c. $5,700

Option d. $5,000

Reference no: EM132507957

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