Question: A corporate $ 1 0 , 0 0 0 bond has a coupon rate of 8 % per year, payable semiannually. The bond matures 2

A corporate $10,000 bond has a coupon rate of 8% per year, payable semiannually. The bond matures 20 years from now. At a market interest rate of 10% per year, compounded semiannually, the amount and frequency of the bond dividend payments are:
(a) $400 every 6 months
(b) $300 every 6 months
(c) $500 every 6 months
(d)$600 every year

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