Question 8 (4 points)
Stephen bought a bond with a face value of $8000 and a coupon rate of 6.75%. The
bond will mature in 15 years.
How much interest will he receive semiannually?
$270
$324
O $360
O $540

$270

Step-by-step explanation:

-The coupon amount is calculated as:

-Given the face value is $8,000 and coupon rate is 6.75%, the semi-annual coupon amount is calculated as:

Hence, the semi-annual coupon amount is $270

answer: 16

step-by-step explanation: first you would add 6+6 which equals 12 then add 2+2 which equals 4. then add 12 + 4 which is 16.

hope this ^_^