Question: QUESTION 22 A bond has a $1,000 face value, a market price of $1,036, and pays interest payments of $70 every year. What is the
QUESTION 22 A bond has a $1,000 face value, a market price of $1,036, and pays interest payments of $70 every year. What is the coupon rate? O A 14.00 percent OB. 13.51 percent OC. 7.12 percent D. 7.00 percent E 6.76 percent QUESTION Your parents would like to establish a trust fund that would pay annual payments to you and your heirs of $100,000 a year forever. How much do your parents need to deposit into this trust fund today to achieve their goal if the fund can car 7 percent interest
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
