Register
Suppose you purchase a $500 bond with a 6.5% coupon. What is the periodic interest rate of this bond? O A. 6.5% O B. 0.5% O C. 3.25% O D. 1.5%
158k views
0 votes
Suppose you purchase a $500 bond with a 6.5% coupon. What is the periodic

interest rate of this bond?
O A. 6.5%
O B. 0.5%
O C. 3.25%
O D. 1.5%

User Zxcmehran
by
5.2k points

1 Answer

6 votes

Answer: 3.25%

Explanation:

User Theglauber
by
5.4k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.8m questions

7.6m answers

Other Questions

Solve for y in terms of x. 2/3y - 4 = x y = x + 6 y = -x + 4 y = -x + 6 y = x + 4
Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Find the quotient of 3,078 ÷ 27. A) 104 B) 109 C) 114 D) 119
Link Copied!