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A 3 year, $1,000 par value corporate bond, pays a semi-annual coupon at a 5% annual rate. What will you receive as each semi-annual payment?

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A 3 year, $1,000 par value corporate bond, pays a semi-annual coupon at a 5% annual rate. What will you receive as each semi-annual payment? O $50 O $141.83 O $25 O not enough information to answer it. In Research Project 3 the rate Alcoa locked in was 3.95%, and LIBOR was 3.25%. If 3-month LIBOR was later quoted at 2.5% would Alcoa still have a locked in a rate of 3.95%? O Yes O Not enough information O No

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