Use the Information for the Question(s)below

question 49

Multiple Choice

Use the information for the question(s) below.
The Sisyphean Company has a bond outstanding with a face value of $1 000 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 semi-annually.
-How much will each semi-annual coupon payment be?

• A)$120
• B)$80
• C)$60
• D)$40

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Definitions:

Interstrain Recombination

Genetic recombination that occurs between different strains of microorganisms, leading to genetic variability.

Mitochondrial DNA

The DNA located in mitochondria, passed from mothers to their offspring, and used in studies of maternal lineage and evolution.

Time to Coalescence

The period it takes for all alleles of a gene in a population to trace back to a single ancestral allele.