Ask Question
17 February, 05:33

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

+2
Answers (1)
  1. 17 February, 07:49
    0
    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)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “ryan has a $500 bond with a 6% coupon. how much interest will ryan review for this bond every 6 months? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers