Multiple Choice
A 3.5 percent coupon bond is currently quoted at 91.3 and has a face value of $1,000.What is the amount of each semi-annual coupon payment if you own three (3) of these bonds?
A) $52.50
B) $75.00
C) $100.46
D) $110.00
E) $200.93
Correct Answer:
Verified
Correct Answer:
Verified
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