Logan bought a bond that matures in 10 years and pays 6% interest. The bond had a face value of $10 000. He received 10 annual payments of $1358.68. This bond was . a. mortgage bond b. zero-coupon bond c. Eurobond d. an amortising bond
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Logan bought a bond that matures in 10 years and pays 6% interest. The bond had a face value of $10 000. He received 10 annual payments of $1358.68. This bond was .
a. mortgage bond
b. zero-coupon bond
c. Eurobond
d. an amortising bond
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