D&G Enterprises issues bond with a $1,000 face value that makes coupon payments of $10 every 3 months. What is the coupon rate? a. 1% b. 4% c. 6% d. 8% e. 12%
D&G Enterprises issues bond with a $1,000 face value that makes coupon payments of $10 every 3 months. What is the coupon rate? a. 1% b. 4% c. 6% d. 8% e. 12%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hello tutor give true calculation of finance question
Transcribed Image Text:D&G Enterprises issues bond with a $1,000 face
value that makes coupon payments of $10 every 3
months. What is the coupon rate?
a. 1%
b. 4%
c. 6%
d. 8%
e. 12%
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