A bond has ₱100, 000 face value, 3.2% coupon, and 4-year maturity period. How much interest will the bondholder receive every year? a. ₱4, 300 b. ₱5, 200 c. ₱3, 200 d. ₱2, 300
A bond has ₱100, 000 face value, 3.2% coupon, and 4-year maturity period. How much interest will the bondholder receive every year? a. ₱4, 300 b. ₱5, 200 c. ₱3, 200 d. ₱2, 300
Chapter6: Fixed-income Securities: Characteristics And Valuation
Section: Chapter Questions
Problem 8P
Related questions
Question
A bond has ₱100, 000 face value, 3.2% coupon, and 4-year maturity period. How much interest will the bondholder receive every year?
a.
₱4, 300
b.
₱5, 200
c.
₱3, 200
d.
₱2, 300
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