v Question Completion Status: Coupon Rate Mstwrity Dete Symbol Next Call Date Ca

Question

v Question Completion Status: Coupon Rate Mstwrity Dete Symbol Next Call Date Cailable 3.400 09/15/2026 V44911 005OVAKS 06/13/2026 Wes $95.91 4.002% 0%06/2018 Price/Yield Chart Price Chart ieild Chart Bond Type US Corporate Senior Unsecured Note Industry Group Pricendusery Sub Group Sub Product Asset Corporate Bond Use of Proceeds Security Code Medium Term Note Issue Elements 9 offering Du 05/01/2017 03/15/2017 First Coupon Date Oniginal Offering Credit and Rating Elements 850.000.00 a (04/30/201) Standard & Poor's Rating TRACE Grade Dufaut Bankruptcy Day Coure Book Entry Depesitory Trust Mortgage Insure Addieional Description $17.00 $31.75 MacBook Air esc 20

Explanation / Answer

Thisbond has a semi annual coupon payment frequency

Hence on the face value of $1000, the annual coupon rate is 3.4%

Since coupon payments are semi annual, the semi annual ratye = 3.4%/2 = 1.7% = 1.7% *1000 = $17

So, Amount of each coupon pyament = $17.00

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