Answer:
$5,100
Explanation:
The computation of the investor received amount is shown below:
= Corporate bond face value + corporate bond face value × coupon rate × number of months ÷ total number of months in a year
= $5,000 + $5,000 × 4% × 6 months ÷ 12 months
= $5,000 + $100
= $5,100
On Semi annual payments we divide the interest rate by 2 or we considered the 6 months and divide it by the total number of months in a year
