A Corporation Issues a Bond with a Face Value of $10

question 60

Multiple Choice

A corporation issues a bond with a face value of $10 000 and a coupon rate of 5.65% that matures on 15/07/2015. The holder of such a bond receives coupon payments of $282.50. How frequently are coupon payments made in this case?

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

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Definitions:

Work Performance

A measure of the efficiency and outcomes of an employee's tasks and responsibilities within an organization.

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Providing individuals or groups with the power and resources to make decisions, take action, and affect change within their roles or community.

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Individuals or organizations that introduce new ideas, products, or methods, often leading change in their field.

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The degree to which a job requires a range of different activities and skills to carry out the work effectively.