An investor holds a Ford bond with a face value of $5000, a coupon rate of 6.5%, and semiannual payments that matures on January 15, 2029. How much will the investor receive on January 15, 2029?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
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Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 9P
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An investor holds a Ford bond with a face value of $5000, a coupon rate of 6.5%, and semiannual payments that matures
on January 15, 2029. How much will the investor receive on January 15, 2029?
Transcribed Image Text:An investor holds a Ford bond with a face value of $5000, a coupon rate of 6.5%, and semiannual payments that matures on January 15, 2029. How much will the investor receive on January 15, 2029?
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