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Amanda bought $500 bond with a 6% coupon that matures in 20 years. What are amanda's total annual earnings for this bond? A.) $30.00 B.) $6.00 C.) $50.00 D.) $60.00

Amanda bought $500 bond with a 6% coupon that matures in 20 years. What are amanda's total annual earnings for this bond? A.) $30.00 B.) $6.00 C.) $50.00 D.) $60.00
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Amanda bought $500 bond with a 6% coupon that matures in 20 years. What are amanda's total annual earnings for this bond?

A.) $30.00
B.) $6.00
C.) $50.00
D.) $60.00

asked
User Khadijah
by
8.5k points

1 Answer

1 vote

Answer:

it is $30.00

Explanation:

answered
User Real Quick
by
7.8k points
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