A University Issues a Bond with a Face Value of $5000

question 26

Multiple Choice

A university issues a bond with a face value of $5000 and a coupon rate of 4.41% that matures on July 15, 2018. The holder of such a bond receives coupon payments of $110.25. How frequently are coupon payments made in this case?

• A) monthly
• B) quarterly
• C) semiannually
• D) annually

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Definitions:

Motor Neurons

Nerve cells that initiate and conduct impulses toward the muscles and glands, enabling movement and secretion.

Ventral Root

A component of a spinal nerve that emerges from the anterior part of the spinal cord and contains motor (efferent) fibers.

Dorsal Ramus

A branch of a spinal nerve that innervates muscles and skin of the back.

Peripheral Nerves

Nerves located outside the brain and spinal cord, responsible for relaying information between the central nervous system and the rest of the body.