Ivan bought a $1000 bond with a 4.5% coupon that matures in 30 years. What are Ivan's total earnings for this bond when it reaches its maturity date?

A$900.00
B$450.00
C$135.00
D$1350.00

Verified Answer :

Ivan's total earnings for this
bond when it reaches its maturity date would be $1350.00. The correct answer
between all the choices given is the last choice or letter D. I am hoping that
this answer has satisfied your query about and it will be able to help you, and
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Answer:

$1350.00

Step-by-step explanation:

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