Strick9025 Strick9025

24-08-2022
Business

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A $1,000 corporate bond pays 6.5 percent a year. what is the annual interest you will receive?

Respuesta :

Iamakshay Iamakshay

06-09-2022

Answer:

$65

(1,000*0.065)

Explanation:

The annual interest amount is given by

= face value*coupen rate

=$1000*6.5%

=$65

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