A University Issues a Bond with a Face Value of $10,000

question 55

Multiple Choice

A university issues a bond with a face value of $10,000 and a coupon rate of 5.65% that matures on 07/15/2020.The holder of such a bond receives coupon payments of $282.50.How frequently are coupon payments made in this case?

• A)monthly
• B)quarterly
• C)semi-annually
• D)annually
• E)biannually

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Definitions:

High Fever

A body temperature significantly above the normal range, often indicating an underlying condition or infection.

Body Aches

General discomfort or pain in the muscles, joints, or throughout the body, often due to exercise, illness, or stress.

Chills

A feeling of coldness accompanied by shivering, often associated with fever or a sudden drop in temperature.

Health Hazard

A condition or agent that poses a risk or danger to someone's health.