Amanda purchased a 30 year $10,000 bond at par value with a 4% coupon.
We find the coupon amount each year
Coupon amount = actual amount of bond * 4%
= 10,000 * 0.04 = 400
Coupon amount for every year = 400
Total value of coupons for 30 years = 400 * 30 = 12000
$12,000 is the total value of the coupons
Answer:
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Step-by-step explanation:
The answer is 1.33in, 2in. Any questions please just ask! Thanks!
Convert the percent into a decimal 25% divided by 100 and do the same for both then add 9$ and all of the other decimals you get
