A Company Issues at 9% Bonds at Par with a Par

question 108

Multiple Choice

A company issues at 9% bonds at par with a par value of $100,000 on April 1,which is 4 months after the most recent interest date.How much total cash interest is received on April 1 by the bond issuer?

• A)$750
• B)$5,250
• C)$1,500
• D)$3,000
• E)$6,000

---

Definitions:

Horizontal Communication

A form of workplace communication that occurs among colleagues and peers at the same organizational level, facilitating coordination and collaboration.

Political Communication

The practice and study of how information spreads and is perceived in the political context, including through media, speeches, debates, and social networks.

Campaign Donations

Financial contributions made to support political candidates, political parties, or policy initiatives during an election campaign.

Lobbying

The act of attempting to influence decisions made by officials in the government, often by special interest groups or lobbyists.