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OpenStudy (xtupax):
Eric bought a $500 bond with a 6.3% coupon that matures in 20 years. What are Eric's total earnings for this bond when it reaches its maturity date? A. $1260.00 B. $315.00 C. $945.00 D. $630.00
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OpenStudy (anonymous):
Total earnings consist of only the interest payments, which are equal to $500 X 6.3% X 20, which, in turn is equal to $630
OpenStudy (anonymous):
Medal?
OpenStudy (anonymous):
Thx
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