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Suppose you purchase a $500 bond with a 6.5% coupon. What is the periodic interest rate of this bond? O A. 6.5% O B. 0.5% O C. 3.25% O D. 1.5%

Suppose you purchase a $500 bond with a 6.5% coupon. What is the periodic interest rate of this bond? O A. 6.5% O B. 0.5% O C. 3.25% O D. 1.5%
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Suppose you purchase a $500 bond with a 6.5% coupon. What is the periodic

interest rate of this bond?
O A. 6.5%
O B. 0.5%
O C. 3.25%
O D. 1.5%

asked
User Zxcmehran
by
8.0k points

1 Answer

6 votes

Answer: 3.25%

Explanation:

answered
User Theglauber
by
8.5k points
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