Esperanza holds a bond for 10 years that has a 4% coupon rate and a $2000 par value.

How much interest would Esperanza receive if she purchased the bond?

800$

8000$

80$

8$

2$

Question

Martin

7 March, 08:05

+3

Answers (2)

Know the Answer?

Haylie Donaldson · Answer 1

8$ because it starts with less first

Deegan Cannon · Answer 2

a) $800

Explanation:

$2000 x 4% = $80

$80 x 10 years = $800

Esperanza holds a bond for 10 years that has a 4% coupon rate and a $2000 par value.How much interest would Esperanza receive if she purchased the bond?800$8000$80$8$2$