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How much will the coupon payments be of a 25 -year $500 bond with a 9.5% coupon rate and quarterly payments? A. $47.50 B. $23.75

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How much will the coupon payments be of a 25 -year $500 bond with a 9.5% coupon rate and quarterly payments? A. $47.50 B. $23.75 C. $3.96 D. $11.88 An annuity is set up that will pay $1,400 per year for ten years. What is the present value (PV) of this annuity given that the discount rate is 8% ? A. $11,273 B. $9,394 C. $13,152 D. $5,636

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