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You've encountered one of Moneypenny's henchwomen! In order to defeat them, you need to best them in a mental competition by calculating the coupon rate
You've encountered one of Moneypenny's henchwomen! In order to defeat them, you need to best them in a mental competition by calculating the coupon rate of this bond. Calculate the coupon rate using the formula below and the clues you collected on the face value and semiannual coupon payment. Enter it into the space below, then click "Submit" to check your work. Face Value Coupon Rate (%) = Annual coupon payment Face value x 100 $5000 Coupon Payment $181.25 Answer: 0 % Submit You are catching up to Moneypenny quickly! But before you can begin to value this bond, you need to know the number of years to collection and the number of coupon payments remaining. Use the formula and the clue you collected to calculate the number of years to collection and number of remaining coupon payments. Enter your answers into the spaces below, then click "Submit" to check your work. Date of Maturity Years to collection = (date of maturity) - (current date) Hint: According to M's letter, the current date is Jan. 2, 2004. Hint: Coupon payments occur twice a year, so Number of remaining payments = 2 x Years to collection Jan. 1, 2009 Years to collection: Remaining payments: Submit
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