Sal bought a $1000 bond that has a coupon rate of 7%. The bond will mature in 10 years. How much interest will he receive semiannually?
A) $35
B) $70
C) $140
D) $700
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Home » Mathematics » Sal bought a $1000 bond that has a coupon rate of 7%. The bond will mature in 10 years. How much interest will he receive semiannually? A) $35 B) $70 C) $140 D) $700