joanne05tanierla11 joanne05tanierla11

09-01-2023
Mathematics

Answered

suppose your local cooperative issuing bonds with a face value PHp 20,000 with an annual coupon interest of 5% which is payable every June 30 and December 31 every year. the bond has a maturity date of 5 year.since you have enough money from your savings account, you decide to invest. how much coupon your going to receive within one year?.

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