If a corporate bond with face value of $5,000 has an interest rate of 4 percent paid once a year for a term of 30 years, what is the size of the coupon payment?

Name: If a corporate bond with face value of $5,000 has an interest rate of 4 percent paid once a year for a term of 30 years, what is the size of the coupon payment?
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The coupon payment is calculated by multiplying the face value of the bond by the interest rate: $5,000 * 0.04 = $200.

If a Corporate Bond with Face Value of $5,000 Has