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Mike just purchased a bond which pays $40 each year in interest. the $40 interest payment is also called the:________

Mike just purchased a bond which pays $40 each year in interest. the $40 interest payment is also called the:________
asked 81.0k views
4 votes
Mike just purchased a bond which pays $40 each year in interest. the $40 interest payment is also called the:________

asked
User Liero
by
7.7k points

1 Answer

5 votes

Answer:

a coupon

Step-by-step explanation:

answered
User Godsmith
by
8.6k points
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