Determine the amount of a semi-annual coupon paid for a 3% bond with a face value of PhP80,000 which matures after 15 years? A) PhP 2,400 B PhP 4,800 C) PhP 1,200 D PhP 1,500
Determine the amount of a semi-annual coupon paid for a 3% bond with a face value of PhP80,000 which matures after 15 years? A) PhP 2,400 B PhP 4,800 C) PhP 1,200 D PhP 1,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question 14
Determine the amount of a semi-annual coupon
paid for a 3% bond with a face value of PhP80,000
which matures after 15 years?
A) PhP 2,400
B) PhP 4,800
C) PhP 1,200
D ) PhP 1,500
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