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julia-pushkina [17]
3 years ago
13

ryan has a $500 bond with a 6% coupon. how much interest will ryan review for this bond every 6 months?

Business
2 answers:
solong [7]3 years ago
6 0

Answer:

The correct answer is (D)

Explanation:

Amount of bond = $500

Rate of coupon = 6%

To find the yearly interest payment

=500* 6/100

=$30

Interest will receive by Ryan in a year is given by

Semi-annually interest payment is  

=30* 6/100

=$15

So the correct answer is (D)

dedylja [7]3 years ago
6 0

Answer:

$15.00

Explanation:

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