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Your friend told you she just received her semiannual coupon payment on a U.S. Treasury note with a $100,000 face value that pays a 6 percent annual coupon. How much money did she receive from this coupon
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Your friend told you she just received her semiannual coupon payment on a U.S. Treasury note with a $100,000 face value that pays a 6 percent annual coupon. How much money did she receive from this coupon payment?

User Akiner Alkan
by
6.1k points

1 Answer

9 votes

Answer:

the coupon payment received is $6,000

Step-by-step explanation:

The computation of the coupon payment received is shown below:

= Face value of Treasury note × annual coupon rate

= $100,000 × 6%

= $6,000

Hence, the coupon payment received is $6,000

User Michael Hilus
by
6.0k points
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