business finance

[rouzbehh]

5. Consider a 10 year bond with a face value of $ that has a coupon rate of 5.5%, with semi-annual payments. What is the coupon payment for this bond?

[dzug2]

You can't even copy the question properly.

Do your own arithmetic or give up the idea of a business qualification - you are obviously not suited to it.

[squarebear]

face of value of $ eh? The payment will be zero as it is worthless.

[rouzbehh]

Cp=Cr*F
=0.055*1000
=55
55/2=27.5

[kinell]

3 times the root of f all

do your own homework

[twix123]

It used to be fun spending hours in the strongroom clipping coupons from bonds, listing the bu@@ers and prensenting them to the paying banks for payment!

The answer is very simple arithmetic that any 10 year old should be able to calculate.

[KJN]

Twix123

Been there done that many years ago and got the tea shirt. Hung it up last April after 42 years.Hambros Bank use to be a nice walk with the coupons.