7. Determine the amount of a semiannual coupon paid for a 3% bond with a face value of 75,000 pesos which matures after 12 years. 8. A 520,000-peso bond is redeemable at 620,000 after 6 years. Coupons...

Extracted text: 7. Determine the amount of a semiannual coupon paid for a 3% bond with a face value of 75,000 pesos which matures after 12 years. 8. A 520,000-peso bond is redeemable at 620,000 after 6 years. Coupons are given at 6% convertible semi-annually. Find the amount of the semi-annual coupon.