8. Mr. Mercado bought a bond with a face value of $5000 and a coupon rate of 7.5%. The bond will mature in 15 years. How much interest will he receive semiannually?
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Home » Mathematics » 8. Mr. Mercado bought a bond with a face value of $5000 and a coupon rate of 7.5%. The bond will mature in 15 years. How much interest will he receive semiannually?