Ivan bought a $1000 bond with a 4.5% coupon that matures in 30 years. What are Ivan's total earnings for this bond when it reach

Question

Minchanka [31]

3 years ago

9

Ivan bought a $1000 bond with a 4.5% coupon that matures in 30 years. What are Ivan's total earnings for this bond when it reach

es its maturity date?
A. $900.00
B. $450.00
C. $135.00
D. $1350.00

Mathematics

2 answers:

leonid [27] · Answer 1 · 2022-04-04T19:03:11+03:00

leonid [27]3 years ago

7 0

Answer:

$1350.00

Step-by-step explanation:

apex

morpeh [17] · Answer 2 · 2022-04-04T17:09:18+03:00

Ivan's total earnings for this bond when it reaches its maturity date would be $1350.00. The correct answer between all the choices given is the last choice or letter D. I am hoping that this answer has satisfied your query about and it will be able to help you, and feel free to ask another question if you’d like.