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For the Given Bond, Whose Interest Rate Is Provided, Find $10,000\$ 10,000

Question 73

Multiple Choice

For the given bond, whose interest rate is provided, find the semiannual interest payment and the total interest earnedover the life of the bond.
- $10,000\$ 10,000 FI National Corporation 11 -year bond at 1.5%1.5 \%


A) $7500.00;$165,000.00\$ 7500.00 ; \$ 165,000.00
B) $5.00;$1100.00\$ 5.00 ; \$ 1100.00
C) $150.00;$1650.00\$ 150.00 ; \$ 1650.00
D) $75.00;$1650.00\$ 75.00 ; \$ 1650.00

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