Question

7.Straight bonds usually pay coupon payments at the end of every six months until the bonds maturity date is an example of…
a.ordinary simple interest
b.Ordinary compound interest
c.ordinary annuity
d.actual simple interest

8.Mortgage payments are
a.ordinary annuity
b.perpetuity
c.annuity due
d.annuity-immediate

Answer 1

7.Straight bonds usually pay coupon payments at the end of every six months until the bonds maturity date is an example of…

c.ordinary annuity

8.Mortgage payments are

c.annuity due