|
Title: On the day it was issued, Aaron bought a 30-year, $1,000 strip bond at a market rate of 6% ... Post by: imomo on May 29, 2023 On the day it was issued, Aaron bought a 30-year, $1,000 strip bond at a market rate of 6% compounded semiannually. Four years later he sold it to Zevon at the market rate of 7% compounded semiannually. What was Aaron's profit or loss?
▸ ($6.91) Loss ▸ ($2.58) Loss ▸ $0.00 ▸ $2.58 Profit ▸ $6.91 Profit Title: Re: On the day it was issued, Aaron bought a 30-year, $1,000 strip bond at a market rate of 6% ... Post by: lingo94 on May 29, 2023 Content hidden
|