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If a bond was to pay off one year from now for $110 and was purchased for $100, what is the interest

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If a bond was to pay off one year from now for $110 and was purchased for $100, what is the interest

If a bond was to pay off one year from now for $110 and was purchased for $100, what is the interest rate?
A) 10%
B) 5%
C) 1%
D) 20%

Textbook

Principles of Macroeconomics

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 487 times

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NYC Author

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Perfect answer, thank you

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