Exhibit 17.1
Use the Information Below for the Following Problem(S)
$\begin{array}{ccc}
\text { Company } & \text { Ticker } & \text { Coupon } & \text { Maturity}& \text { Last Price}& \text { Last Yield}& \text { EST Spread}& \text { UST}& \text { Est \$ Vol(000's)}\
\hline
\text { Cen Fler } & \text { GE } & \text { 4.75 } & \text { 9/15/2019} & 99.544 & 4.808 & 62& 10 & 158736
\end{array}$
-Refer to Exhibit 17.1.What annual dollar coupon amount will investors receive?
A) $4.75
B) $47.50
C) $4.808
D) $48.08
E) $62

Question

Exhibit 17.1
Use the Information Below for the Following Problem(S)
 $\begin{array}{ccc}
\text { Company } & \text { Ticker } & \text { Coupon } & \text { Maturity}& \text { Last Price}& \text { Last Yield}& \text { EST Spread}& \text { UST}& \text { Est \$ Vol(000's)}\
\hline 
\text { Cen Fler } & \text { GE } & \text { 4.75 } & \text { 9/15/2019} & 99.544 & 4.808 & 62& 10 & 158736
\end{array}$
-Refer to Exhibit 17.1.What annual dollar coupon amount will investors receive?
A) $4.75
B) $47.50
C) $4.808
D) $48.08
E) $62

Quizplus · Accepted Answer

The annual dollar coupon amount is calculated by multiplying the coupon rate (4.75%) by the face value of the bond, which is typically $1,000. Therefore, 4.75% of $1,000 is $47.50.

Exhibit 17 -Refer to Exhibit 17