Use the Following Bond Quotes to Answer This Question -
the Alpha Industrial Bonds Pay an Annual Interest Payment

Multiple Choice

Use the following bond quotes to answer this question:
$\begin{array}{lrr}\text { Issuer Name}& \text {Coupon }&\text {Maturity}&\text { High }&\text {Low } &\text { Last}&\text { Change }\\ \text { Alpha } &5.875& \text {Apr 2010 }&99.823&98.667&99.402&+.008\\ \text { Industrial } &\\ \text { Beta Movers } &7.120& \text {May 2036}&103.407&100.013&103.354&+.010 \\\end{array}$


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The Alpha Industrial bonds pay an annual interest payment equal to 5.875 percent of:

A) $999.90.
B) $1,000.00.
C) $1,000.13.
D) $1,033.54.
E) $1,034.07.