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Clarington issued 15 year bonds in the amount of $500000. Interest on the bonds is 2.2% payable annually. What is the promised payment at the

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Clarington issued 15 year bonds in the amount of $500000. Interest on the bonds is 2.2% payable annually. What is the promised payment at the end of each year? Select one: a.\$693000 b.\$11 100 c.\$374675 d.\$13925 e. $360750 A $2200,7.5% bond with semi-annual coupons redeemable at par in 6 years was purchased at 98.8. What is the average income per interest payment interval? a. $26.40 b. $84.70 c.\$83.60 d. $80.30 A $4400,9.0% bond with semi-annual coupons redeemable at par in 8 years was purchased at 102.2. What is the approximate yield rate? a. 8.6301% b. 4.3150% c. 4.2546% d. 8.5093% A \$4900, 8.3\% bond with semi-annual coupons redeemable at par in 5 years was purchased at 99.5. What is the average book value? a. $4887.75 b. $4875.50 c. $4900.00 d.\$2474.62

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