A bond is priced at $1,100,has 10 years remaining until maturity,and has a 10% coupon,paid semiannually.What is the amount of the next interest payment?
A) $50
B) $55
C) $100
D) $110

Name: A bond is priced at $1,100,has 10 years remaining until maturity,and has a 10% coupon,paid semiannually.What is the amount of the next interest payment? A) $50 B) $55 C) $100 D) $110
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Question

Quizplus · Accepted Answer

Coupon payment = (0.10 × $1,000) / 2 = $50

A Bond Is Priced at $1,100,has 10 Years Remaining Until