Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
samualson samualson
wrote...
Go to Answer
Posts: 2459
Rep: 13 0
5 years ago
PR Corporation just issued $1,000 par 20-year bonds. The bonds sold for $936 and pay interest semiannually. Investors require a rate of 7.00% on the bonds. What is the amount of the semiannual interest payment on the bonds?
A) $64.50
B) $55.00
C) $32.00
D) $21.75
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 79 times
2 Replies
Replies
Answer verified by a subject expert
Marc18Marc18
wrote...
#1
Top Poster
Posts: 1080
Rep: 114 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

samualson Author
wrote...
#2
5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1090 People Browsing
 114 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 290
  
 1795
  
 103
Your Opinion
Where do you get your textbooks?
Votes: 328
Previous poll results: Should Ph.D.'s be addressed as doctors?