Business, 26.03.2020 05:41 jonathanmagana112002

"The city of Jacksonville, Florida" is issuing $100,000,000 of general obligation bonds paying interest on January 1st and July 1st of each year until maturity. The dated date of the issue is June 1, 2020. The first payment will be made on January 1st, 2021. A bondholder purchases the issue at the offering. The first interest payment is a(n):.

A. level first interest payment

B. even first interest payment

C. odd first interest payment

D. odd-lot first interest payment

Answers: 3

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"The city of Jacksonville, Florida" is issuing $100,000,000 of general obligation bonds paying inter...