Emily0507 Emily0507
  • 23-09-2020
  • Business
contestada

If you purchase one coca-cola’s corporate bonds with a par value of $1000, and a coupon (interest rate) of 2.5% per year for 10 years; how much interest will you receive each year?

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eema55
eema55 eema55
  • 23-09-2020

Answer:

$26000

Explanation:

P*(1+r*t)=

1000*(1+2.5 *10)=26000

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