Adonis corporation issued 10-year, 8% bonds with a par value of $200,000. interest is paid semiannually. the market rate on the issue date was 7.5%. adonis received $206,948 in cash proceeds. which of the following statements is true?

This question is incomplete as the options to choose from are not included. I'll give explanations below to help you answer it.

Explanation:

This type of bond is a coupon paying bond. This bond pays interest know as a coupon payment and in this case semiannually ,which means every 6 months and 2 payments per year. In dollar amounts, the 6 month coupon payment would be;

Coupon payment = coupon rate * Par value

coupon rate = 8% /2 = 4% or 0.04 as a decimal

par value = 200,000

So , Coupon payment = 0.04*200,000

= $8,000 every six months

At maturity of the bond; which is 10 years later or 20 semi-annual periods later, the bond also pays the Par value amount of 200,000

um sure

answer; the nav calculated at the market close at 4: 00 pm new york time;