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Suppose you purchase a $1000 bond with a 4% coupon. What is the periodic interest rate of this bond? A- 0.2% B-1% C-4% D-2%
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4 votes
Suppose you purchase a $1000 bond with a 4% coupon. What is the periodic

interest rate of this bond?
A- 0.2%
B-1%
C-4%
D-2%

User Viesturs
by
4.4k points

2 Answers

4 votes

Answer:

it is 2%

Explanation:

User Wingston Sharon
by
4.3k points
3 votes

Answer:

2%

Explanation:

User Dominic Sander
by
4.2k points
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