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rolpace88 rolpace88
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Posts: 3242
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8 years ago
The annual interest paid on a bond is equal to the face value of the bond:
A) plus the stated annual interest rate
B) minus the stated annual interest rate
C) multiplied by the stated annual interest rate
D) divided by the stated annual interest rate
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
Read 289 times
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MillionMillion
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#1
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8 years ago
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rolpace88 Author
wrote...
#2
8 years ago
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.
wrote...
#3
8 years ago
You're welcome
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