Business, 24.10.2019 14:43 acesangel173

Julie bought a bond with a 5.2% coupon at its face value of $1000 and held it for 15 years, until it reached maturity. the length of the period for the bond was 6 months. provide julie with some assistance in determining how she made out on her investment. (5 points: part i – 1 point; part ii – 1 point; part iii – 1 point; part iv – 1 point; part v – 1 point)

part i: how many of the bond's periods were there in 1 year?

part ii: what was the periodic interest rate of the bond?

part iii: how much did the bond earn per period?

part iv: for how many periods did julie hold the bond?

part v: what were julie's total earnings on the bond?

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