Sunni bought a $500 corporate bond. The bond pays 4.8% interest per year. If Sunni holds the bond for 15 years, how much will Sunni receive in interest?
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- David owns $30,000 worth of 10-year bonds of Ace Corporation. These bonds pay interest every 6 months at the rate of 3%/year (simple interest). How much income will David receive from this investment every 6 months? $ How much interest will David receive over the life of the bonds? $At the beginning of his current tax year, David invests $12,840 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 20 years. David receives $580 in interest ($290 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 3.8 percent. Note: Round your intermediate calculations to the nearest whole dollar amount. a. How much interest income will he report this year if he elects to amortize the bond premium?At the beginning of his current tax year, David invests $11,550 in original issue U.S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $820 in interest ($410 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 6.2 percent. (Round your intermediate calculations to the nearest whole dollar amount.) b. How much interest will he report this year if he does not elect to amortize the bond premium?
- Emily purchased a bond valued at $10,000 for highway construction for $4,410. If the bond pays 6.4% annual interest compounded monthly, how long must she hold it until it reaches its full face value?Isabel purchases a 10-year, 5 percent savings bond with a face value of $1,000 by paying a premium for $1,100. She gets the dividend paid yearly. Determine the rate of return she gets on the bond assuming she keeps the bond till maturity.James purchased a bond for $3380 that had a rate compounded annually, 2 years later he sold it for $3700. What interest rate, compounded annually, did James earn on this investment? 4.32% 4.73% 4.63% 0.96%
- Eight years ago, Natalia purchased an 8.25% $1,000 bond for 107 1/2 plus brokerage fees totaling $28. Natalia received interest checks semiannually. Immediately after receiving her 16th interest check, she sold the bond for 114 less brokerage fees totaling $55. Calculate Natalia's rate of return.At the beginning of her current tax year, Angela purchased a zero-coupon corporate bond at original issue for $50,000 with a yield to maturity of 5 percent. Given that she will not actually receive any interest payments until the bond matures in 18 years, how much interest income will she report this year assuming semiannual compounding of interest?Six years ago, Rafael Sandino bought a 6%, 30-year corporate bond for $1,050. If he keeps the bond until maturity what will be his yield to maturity? Assume he receives interest checks semiannually. Round to the nearest hundredth of a percent.
- Linda is interested in purchasing a corporate bond that was issued with an 8% annual coupon a semiannual interest payment of $40, and maturity in fifteen years. What is the par value of this bond?Sascha owns stock in Lewis Corp and she bought a $5,000 corporate bond. She received $52.50 in quarterly interest from the bond. Sascha also owns stock in Lewis Corp which is worth $46 per share, and it pays a $2 annual dividend. If Lewis Corp later offers corporate bonds at an annual interest rate that is one percent higher than half the of the bond Sascha bought, create an equation that models the quarterly interest earned, q, for any given bond face value, v.if Marwa has a 1,00,000 bond with a 7% interest , how much will she has in 8 years.
