The Talliru Company bond pays interest semi-annually.You own eight of these bonds.What is the amount you will receive as your next interest payment?
A)$76.00
B)$228.00
C)$190.00
D)$254.00
E)$304.00

Name: The Talliru Company bond pays interest semi-annually.You own eight of these bonds.What is the amount you will receive as your next interest payment? A)$76.00 B)$228.00 C)$190.00 D)$254.00 E)$304.00
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Question

Quizplus · Accepted Answer

Next interest payment = 8 × [(.076 × $1,000)/2] = $304

The Talliru Company Bond Pays Interest Semi-Annually