If a Corporate Bond with Face Value of $1,000 Has

question 238

Multiple Choice

If a corporate bond with face value of $1,000 has an interest rate of eight percent paid once a year for a term of 30 years,what is the size of the coupon payment?

• A)$1,000
• B)$300
• C)$80
• D)$8

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Definitions:

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Regulations set by local or national governments dictating the standards for construction practices and materials.