09-03-2017
Business

Answered

ryan has a $3000 bond with a 6% coupon. How much interest will ryan receive for this bond every 6 months?

A 180.00
B 60.00
C 100.00
D 90.00

Verified Answer :

22-03-2017

Face Value : $3000 x 6% coupon rate = $180 interest per year.
But since it is every 6 months, it will be like this:
$180/2 = $90 every 6 months

Answer: D. $90

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learnerearner learnerearner

12-08-2018

The answer is D. $90.00

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