Blue Co. has issued new bonds to fund the construction of a synthetic glass factory....
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Finance
Blue Co. has issued new bonds to fund the construction of a synthetic glass factory. The bonds currently trade for $700 with a face value at maturity of $1000. If the bonds coupon rate is 8% and the bonds mature in 10 years, how much money should investors expect when the bond issues a coupon payment every 6 months?
$56.
$80.
$28.
$40.
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