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Ivan bought a $1000 bond with a 4.5% coupon that matures in 30 years. What are Ivan's total earnings for this bond when it reaches its maturity date?

A. $900.00
B. $450.00
C. $135.00
D. $1350.00

1 Answer

7 votes

Ivan's total earnings for this bond when it reaches its maturity date would be $1350.00. The correct answer between all the choices given is the last choice or letter D. I am hoping that this answer has satisfied your query about and it will be able to help you, and feel free to ask another question if you’d like.

User Ashfaq Nisar
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