Use the Information for the Question(s)below

question 34

Multiple Choice

Use the information for the question(s) below.
The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15 years.The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually.
-How much will each semiannual coupon payment be?

• A)$60
• B)$40
• C)$120
• D)$80

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Definitions:

Artificial

Made or produced by human beings rather than occurring naturally, typically as a copy of something natural.

Systematically Murder

The planned and organized killing of people, typically by a group or regime, with the intent to eliminate a particular demographic or opposition.

Social Organization

The pattern of relationships and social arrangements that form within a society or group.

Anti-Semitism

Prejudice, discrimination, or hostility specifically directed against Jews as a religious, ethnic, or racial group.