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6) 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
6) 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? O a) monthly Ob) quarterly c) semiannually d) annually Question 7 4 pts 7) Which of the following is true about the face value of a bond? a) It is the notional amount we use to compute coupon payments. b) It is the amount that is repaid at maturity. C) It is usually denominated in standard increments, such as $1,000. d) All of the above are true. 0 4) What is the coupon payment of a 15-year $10,000 bond with a 9% coupon rate with annual payments? O a) $150.00 Ob) $450.00 c) $900.00 d) $1800.00 Question 5 4 pts 5) What is the coupon payment of a 25-year $1000 bond with a 4.5% coupon rate with quarterly payments? a) $3.75 O b) $11.25 c) $22.50 d) $45.00
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