Question 8 (4 points)
Stephen bought a bond with a face value of $8000 and a coupon rate of 6.75%. The
bond will mature in 15 years.
How much interest will he receive semiannually?
$270
$324
O $360
O $540

$270

Step-by-step explanation:

-The coupon amount is calculated as:

-Given the face value is $8,000 and coupon rate is 6.75%, the semi-annual coupon amount is calculated as:

Hence, the semi-annual coupon amount is $270

it's

the correct answer is b. negative exponential growth.

step-by-step explanation:

you can tell it's an exponential function because it decreases rapidly then levels out and never touches the x-axis.

it is negative because the y-axis decreases as the x-axis increases.

therefore it is a negative exponential growth graph.

hope i !