An investor holds a bond with a face value of $ 4 , 0 0 0 , a coupon rate of 4 , and semi annual payments that matures on 1 5 0 1 2 0 2 1 How much will the investor receive on 1 5 0 1 2 0 2 1 $ 4 , 0 0 0 $ 1 6 0 $ 4 , 1 6 0 $ 8 0 $ 4 , 0 8 0

Question

An investor holds a bond with a face value of $ 4 , 0 0 0 , a coupon rate of 4   , and semi   annual payments that matures on 1 5   0 1   2 0 2 1   How much will the investor receive on 1 5   0 1   2 0 2 1   $ 4 , 0 0 0 $ 1 6 0 $ 4 , 1 6 0 $ 8 0 $ 4 , 0 8 0

Accepted Answer

The Answer is in the image, click to view ...

Question

An investor holds a bond with a face value of $ 4 , 0 0 0 , a coupon rate of 4 % , and

An investor holds a bond with a face value of $ $4, 000,$ a coupon rate of $4 %,$ and semi $-$ annual payments that matures on $15 / 01 / 2021 .$ How much will the investor receive on $15 / 01 / 2021 ?$ $ $4, 000$ $ $160$ $ $4, 160$ $ $80$ $ $4, 080$

Step by Step Solution

Step: 1

Get Instant Access to Expert-Tailored Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Credit Spreads Beginners Guide To Low Risk Secure Easy To Manage Consistent Profits For Long Term Wealth Creation