A 5% bond trading at 70 will mature in 8 years. How much annual interest does a bondholder receive? $50 $55 $35 $40

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Extracted text: A 5% bond trading at 70 will mature in 8 years. How much annual interest does a bondholder receive? $50 $55 $35 $40


Extracted text: Which of the following bonds are quoted according to yield-to-maturity? Serial bonds Pre-refunded bonds Term bonds Series bonds