Use the Information for the Question(s) Below

question 78

Multiple Choice

Use the information for the question(s) below.
-Shown above is information from FINRA regarding one of Bank of America's bonds. How much would the holder of such a bond earn each coupon payment for each $100 in face value if coupons are paid semiannually?

• A) $1.49
• B) $2.15
• C) $2.32
• D) $4.30