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Homework answers / question archive / A bond has a par value of $100 and a coupon rate of 5%

A bond has a par value of $100 and a coupon rate of 5%. The coupon payment is made annually or semi-annually. What are the periodic interest rate payments?

A floating-rate note makes semi-annual payments in June and December. The interest rate is six-month Libor + 35 bps. Assume six-month Libor is 2% at the end of June 2019 and 3.5% at the end of December 2019. What is the interest rate due in December 2019?

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