Face value of bonds = $10,000
Stated interest rate = 6% annual
Frequency of interest payment = Semi annually
Semi annual interest payment = Face value of bonds x Stated interest rate x 6/12
= 10,000 x 6% x 6/12
= $300
Fourth option is correct.
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25 A corporate bond has a face value of $10,000, a bond interest rate of 6%...
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