An investor holds a Ford bond with a face value of $5000, a coupon rate of 8.5%, and semiannual payments that matures on January 15, 2029. How much will the investor receive on January 15, 2029?
A) $2606.25
B) $5000.00
C) $5212.50
D) $5425.00
Answer: C
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A) Nielsen B) the U.S. government C) ABI/INFORM D) Arbitron E) B and D
The Competitive Equality Banking Act:
a. allowed intermediary banks to become clearinghouses. b. includes a requirement that collecting banks give provisional credit to its subagents. c. has expedited the availability of funds. d. None of these.
The three basic ideas in the marketing concept are: 1) customer satisfaction; 2) confining marketing activities to marketing professionals; and 3) having profit as an objective.
Answer the following statement true (T) or false (F)
________ are the financial obligations of a business created by borrowing.
A. Liabilities B. Current assets C. Fixed assets D. Equities