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Your client bought USD200k of ROP Bonds at 110 for settlement 3 days after the coupon date. How much is his cash-out if the coupon

Your client bought USD200k of ROP Bonds at 110 for settlement 3 days after the coupon date. How much is his cash-out if the coupon rate of the bond is 8.75%?

a. 10% b. 8.5% c. 7.5% d. 8.875%

Alexis is receiving PHP 20k net of taxes every 6 months from the PHP 500k FXTN she bought during the initial issuance. What is the coupon rate of the bond?

a. 8% b. 9% c. 12% d. 10%

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