Question

In: Finance

company coupon maturity high low last change Talliru Co. 7.60 nov 2012 100.05 98.68 99.89 .02...

company coupon maturity high low last change
Talliru Co. 7.60 nov 2012 100.05 98.68 99.89 .02
Zeus 8.25 april 2016 102.41 101.87 102.03 -.10

The Zeus company bond pays interest semi-annually. You own 5 of these bonds. What is the amount you will receive as your next interest payment?

A. 76

B. 206.25

C. 190

D. 247.5

E. 304.00

Solutions

Expert Solution

what is the amount you will receive as your next interest payment

=5*(1000*8.25%/2)

=206.25


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