If a $5,000 coupon bond has a coupon rate of 13 percent, then the coupon payment every year is
A) $650.
B) $1,300.
C) $130.
D) $13.
E) None of the above.
A
Business
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What will be an ideal response?
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If a foreign-based firm borrows money from a host country bank as a hedge against being forced out of operation without adequate compensation, the firm is managing political risk with ________
A) local debt financing B) position control C) development assistance D) adaptation
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