A bond has a $1,000 face value, a market price of $1,045, and pays interest payments of $74.50 every year. what is the coupon rate?

Answers

Answer 1
The coupon rate is the interest paid by the bond on its term. The coupon rate can be computed as interest paid divided by the face value. Thus, coupon rate can be computed using this formula,
coupon rate = interest paid/bond face value
where
interest paid =$74.5
bond face value = $1000
coupon rate = 7.45%


Related Questions

When might you expect a manager to offer a gentle reminder about hand washing?

Answers

Answer:

The correct answer is "If you reach down to pet a service animal".

Explanation:

A manager may offer a gentle reminder about handwashing to a staff member in charge when that person approaches to pet a service animal. Personal hygiene is the responsibility of each individual, but if a person in charge is observed performing an act that involves poor hygiene, hand washing may be suggested.

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Technician a says that a brake spoon is used to adjust brake shoes when the drum is installed. technician b says that a brake hold-down spring tool is used to remove and install hold-down springs. who is correct?

Answers

install hold down springs the last one is correct

economic systems seek to answer what key economics questions? Select all that apply
a) how should goods and services be produced?
b)where goods and services will be produced?
c)when goods and services will be produced?
d)what goods and services will be produced?
e)who will consume goods and services?

Answers

The key economic questions are:
D what goods and services will be produced
A. how should goods and services be produced
E. who will consume goods and services

By following these three basic questions a potential businesses will have a higher chance to penetrate the market and take profits for their products
Final answer:

Economic systems seek to answer how goods and services should be produced, what goods and services will be produced, and who will consume goods and services.

Explanation:

Economic systems seek to answer the following key economic questions:

How should goods and services be produced? This refers to the choice of production methods and technology that will be used.What goods and services will be produced? This pertains to deciding what products and services will be produced to meet consumer demand.Who will consume goods and services? This encompasses determining the allocation of resources and distribution of goods and services among individuals and groups.

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