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Use the Following Bond Quotes to Answer This Question -
the Zeus Company Bond Pays Interest Semi-Annually

Question 38

Multiple Choice

Use the following bond quotes to answer this question:
 Company Coupon Maturity High Low Last Change Yield Falliru 7.60 Nov 2012100.0599.6899.89.02? Co.  Zeus 8.25 Apr 2016102.41101.87102.03.10?\begin{array}{cccccccc}\text { Company}&\text { Coupon}&\text { Maturity }&\text {High}&\text { Low }&\text {Last }&\text {Change}&\text { Yield }\\\text {Falliru } & 7.60 & \text { Nov } 2012 & 100.05 & 99.68 & 99.89 & .02 & ? \\\text { Co. } & & & & & & & \\\text { Zeus } & 8.25 & \text { Apr } 2016 & 102.41 & 101.87 & 102.03 & -.10 & ?\end{array}

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The Zeus Company bond pays interest semi-annually. You own five of these bonds. What is the amount you will receive as your next interest payment?


A) $76.00
B) $206.25
C) $190.00
D) $247.50
E) $304.00

Correct Answer:

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