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Suppose you purchase a $2000 bond with a 5% coupon. What is the periodic interest rate of this bond? O A. 5% O B. 2.5% O C. 1.25% D. 3.75% I NEED HELP

Suppose you purchase a $2000 bond with a 5% coupon. What is the periodic interest rate of this bond? O A. 5% O B. 2.5% O C. 1.25% D. 3.75% I NEED HELP
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4 votes
Suppose you purchase a $2000 bond with a 5% coupon. What is the periodic

interest rate of this bond?
O A. 5%
O B. 2.5%
O C. 1.25%
D. 3.75%
I NEED HELP

asked
User Aatif Akhter
by
8.7k points

2 Answers

0 votes

Answer:

The correct answer is: 2.5%

Explanation:

answered
User Chews
by
8.5k points
1 vote

Answer:

2.5%

Explanation:

answered
User TheGeekster
by
7.3k points
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