A $1,000 par value bond with a fixed 10% rate of interest pays coupons semiannually.What amount will the bondholder receive on the bond's maturity date?
A) $50
B) $100
C) $500
D) $1,000
E) $1,050

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The Answer of A $1,000 par value bond with a fixed 10% rate of interest pays coupons semiannually.What amount will the bondholder receive on the bond's maturity date?
A) $50
B) $100
C) $500
D) $1,000
E) $1,050

A $1,000 Par Value Bond with a Fixed 10% Rate