Question
What is the amount and frequency of dividend payments on a bond that has a face value of $10,000 and a coupon rate of 8%
What is the amount and frequency of dividend payments on a bond that has a face value of $10,000 and a coupon rate of 8% per year, payable semi-annually?
The amount of the dividend is $7035
7035 Incorrect
.
The frequency of the dividend payment is
Not attempted
.
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Economics
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
21st Edition
1259723224, 9781259723223
