Top Posters
Since Sunday
14
6
m
5
M
5
n
5
b
5
j
4
o
4
c
4
b
4
u
4
b
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
testipw testipw
wrote...
Go to Answer
Posts: 109
Rep: 0 0
6 months ago
Wojtek purchased a $10,000 face value strip bond on a date when it had 14 years left until maturity. The purchase price was based on a market yield of 6.2% compounded semiannually. He sold the bond 4½ years later when the market yield was 5.2% compounded semiannually. What was Wojtek's total gain on the investment?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 29 times
1 Reply
Replies
Answer verified by a subject expert
thomas1993thomas1993
wrote...
#1
Posts: 111
Rep: 0 0
6 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
$1886.84
1

Related Topics

testipw Author
wrote...

6 months ago
Thanks for your help!!
rudy.zondo
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
linlinlin
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  655 People Browsing
 193 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 535
  
 535
  
 210
Your Opinion
What's your favorite math subject?
Votes: 227
Previous poll results: Which of the following is the best resource to supplement your studies: