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Series H bonds are coupon bonds. They will be sold on June 23. They will provide a coupon payment of $5 for each class from
Series H bonds are coupon bonds. They will be sold on June 23. They will provide a coupon payment of $5 for each class from Friday, June 24 to Friday, July 1 (six classes). They have a face value of $20 when they mature on July 1. As part of the assignment, state the bid price you would be willing to pay and the quantity you would like to purchase of Series H bonds. A silent auction will be used to sell 100 bonds, so you must pay the price that you bid. My available funds in my ClassCash Ledger available is $144.50
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