A Bond Is Priced at $1,100,has 10 Years Remaining Until

question 61

Multiple Choice

A bond is priced at $1,100,has 10 years remaining until maturity,and has a 10% coupon,paid semiannually.What is the amount of the next interest payment?

• A) $50
• B) $55
• C) $100
• D) $110

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Definitions:

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