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Homework answers / question archive / Single choice 17) An investor invests $9

Single choice 17) An investor invests $9

Accounting

Single choice 17) An investor invests $9.960 into a 4.8% coupon corporate bond, with a market price of 120% of nominal (Norninal for each bond is USD 1.000). How much annual income can the investor expect to receive? O $478.08 O $398.40 O $382.46 O $318.72

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