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Suppose you purchase a $1000 bond with a 4% coupon. What is the periodic interest rate of this bond? A- 0.2% B-1% C-4% D-2%

Suppose you purchase a $1000 bond with a 4% coupon. What is the periodic interest rate of this bond? A- 0.2% B-1% C-4% D-2%
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4 votes
Suppose you purchase a $1000 bond with a 4% coupon. What is the periodic

interest rate of this bond?
A- 0.2%
B-1%
C-4%
D-2%

asked
User Viesturs
by
8.5k points

2 Answers

4 votes

Answer:

it is 2%

Explanation:

answered
User Wingston Sharon
by
8.5k points
3 votes

Answer:

2%

Explanation:

answered
User Dominic Sander
by
8.1k points
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