Question

Heather bought a ten-year maturity corporate bond when it was issued for $1,000. The bond has an annual interest rate of seven percent and pays interest semi-annually. How much does she receive every six months?

Answers

Writeacher
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Cherelle
35$
bec
$40
Anonymous
$30 is the right answer
anthony
1000x.07=70 70/2=35 35

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