Ask Question
11 May, 00:54

If a bond from the franchise Green's Galor has a coupon's rate of 5%, par value of $2000, and will mature in 5 years, how much will the company pay the holder when it retires the debt

+1
Answers (1)
  1. 11 May, 01:08
    0
    2100

    Explanation:

    Every single year during the 5 years the company will be paying a coupon of 5% equivalent to 100$. The last year, year 5, the company will pay the corresponding coupon of 100$ but additionally will return the face value of 2000$. Therefore, in year 5, the company pays 2100$
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If a bond from the franchise Green's Galor has a coupon's rate of 5%, par value of $2000, and will mature in 5 years, how much will the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers