What is the bonds par value how much interest will you


A corporate bond issued 3 years ago with a coupon rate of 4% is now selling in the secondary market for $1,100. The coupon interest is paid semi-annually.

a) What is the bond's par value?

b) Is the bond trading in the secondary market at par, at a discount, or at a premium?

c) If you own one of these bonds, how much interest will you receive on each coupon payment date?

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Financial Management: What is the bonds par value how much interest will you
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