[单选题]

Use the following data to answer Questions 1 through 8.
  Firm issues a $10 million bond with a 6% coupon rate, 4-year maturity, and annual interest payments when market interest rates are 7%.The annual coupon payments will each be:

A.$600,000.

B.$676,290.

C.$700,000.

参考答案与解析:

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