Question: A $1,000 par value bond with a fixed 10% rate of interest pays coupons semiannually. What amount will the bondholder receive on the bonds maturity
A $1,000 par value bond with a fixed 10% rate of interest pays coupons semiannually. What amount will the bondholder receive on the bond’s maturity date? |
Multiple Choice
$1,000 $50 $1,100 $1,050 $500 $100
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