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Title: Assume you bought a $1000 par value bond in 2004 for 85 1/4 with an interest rate of 4.7 percent. If ...
Post by: lemn8 on Oct 11, 2017
Assume you bought a $1000 par value bond in 2004 for 85 1/4 with an interest rate of 4.7 percent. If you held the bond until maturity in 2014, what would be the total amount that you would earn on this bond?
A) $1000.00
B) $$470.00
C) $617.50
D) $852.50
E) The amount cannot be calculated given the information provided.


Title: Re: Assume you bought a $1000 par value bond in 2004 for 85 1/4 with an interest rate of 4.7 ...
Post by: RoBoCoP_96 on Oct 11, 2017
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