A Bond Has a Par Value of $1,000, a Current

question 39

Multiple Choice

A bond has a par value of $1,000, a current yield of 7.606 percent, and semi-annual interest payments. The bond quote is 98.6. What is the amount of each coupon payment?

• A) $32.50
• B) $37.50
• C) $38.03
• D) $72.31
• E) $75.00

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Distribute

In design and layout, the act of evenly spacing objects either vertically or horizontally to ensure an aesthetically pleasing and balanced look.

Align Menu

A feature in software that arranges items or text in a line or grid according to a specific pattern or alignment.

Objects

In programming and software, refers to instances of a class that encapsulate data and functionality for manipulation of that data.

Transition Speed

The duration it takes for a slide, scene, or element to move from one state to another in multimedia and web applications.