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If you purchase one coca-cola’s corporate bonds with a par value of $1000, and a coupon (interest rate) of 2.5% per year for 10 years; how much interest will you receive each ye…

If you purchase one coca-cola’s corporate bonds with a par value of $1000, and a coupon (interest rate) of 2.5% per year for 10 years; how much interest will you receive each ye…
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If you purchase one coca-cola’s corporate bonds with a par value of $1000, and a coupon (interest rate) of 2.5% per year for 10 years; how much interest will you receive each year?

asked
User Ayman Khamouma
by
8.3k points

1 Answer

0 votes

Answer:

$26000

Step-by-step explanation:

P*(1+r*t)=

1000*(1+2.5 *10)=26000

answered
User Guillaumepotier
by
7.8k points
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