You purchase 3,000 bonds with a par value of $1,000 for $1194 each. The bonds have a coupon rate of 9 percent paid semia
Posted: Wed Jul 06, 2022 6:45 pm
You purchase 3,000 bonds with a par value of $1,000 for $1194 each. The bonds have a coupon rate of 9 percent paid semiannually and mature in 11 years How much will you receive when the bonds mature? 15