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Semi-annual coupon

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A publicity trade bond has a par value of $5 million and 10 years to maturity. It is current priced at 102, its YTM is 5.24 % and its coupon is 5.50%. What semi-annual interest payment can bondholders expected to received?
Options:

? 131,000
? 137,500
? 262,000
? 275,000
? 280,000

The boding is trading at

Options

? Discount to par
? Premium to par
? Exponential to par
? par

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Solution Summary

The solution explains how to calculate the amount of semi-annual coupon on the bond.

Solution Preview

The semi annual interest would be the six monthly interest based on the face value and the coupon interest. The ...

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