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Gabriel buys a $2,000 fixed-rate bond with a 4% coupon and five years to maturity. How much interest will he earn over the life of the bond? $400 $800 $2,400 $2,800

Gabriel buys a $2,000 fixed-rate bond with a 4% coupon and five years to maturity. How much interest will he earn over the life of the bond? $400 $800 $2,400 $2,800
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Gabriel buys a $2,000 fixed-rate bond with a 4% coupon and five years to maturity. How much interest will he earn over the life of the bond?

$400
$800
$2,400
$2,800

asked
User Michael Urman
by
8.1k points

1 Answer

4 votes

correct answer A


Step-by-step explanation: $400 would be your answer

answered
User WillDonohoe
by
7.5k points
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