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If a corporate bond with a face value of $20,000 pays yearly coupon payments of $500, what is the coupon rate?

QueenPinky

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5 years ago

If a corporate bond with a face value of $20,000 pays yearly coupon payments of $500, what is the coupon rate?

If a corporate bond with a face value of $20,000 pays yearly coupon payments of $500, what is the coupon rate?
A) 2.5%
B) 4%
C) 25%
D) 40%

Textbook

InMacro

InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

Read 75 times

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Marostegui

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QueenPinky Author

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5 years ago

Brilliant ツ

big_larry_samp

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this is exactly what I needed

annakc

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Thanks

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