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Author Question: The Bond MarketIf a corporate bond with a face value of $3000 has an interest rate of 2% paid once a ... (Read 92 times)

Sadjam2

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The Bond Market

If a corporate bond with a face value of $3000 has an interest rate of 2% paid once a year for a term of 10 years, at the end of the tenth year, the corporation would pay the bondholder ________.
◦ only the final coupon payment of $1500.00
◦ only the final coupon payment of $60.00
◦ $3000 minus the annual coupon payment
◦ $3000 plus the annual coupon payment.


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Marked as best answer by Sadjam2 on Nov 23, 2022

viper01

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Sadjam2

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review


Dnite

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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