Top Posters
Since Sunday
j
3
s
3
j
2
J
2
e
2
n
2
t
2
d
2
b
2
t
2
J
2
b
2
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
shepherd shepherd
wrote...
Go to Answer
Posts: 2986
Rep: 18 1
8 years ago
On December 1, 2004 a $1,000 bond, paying 6% interest on January 1st and July 1st of each year is purchased for $950. The bond is sold on December 5, 2005 for $980. What would be the total monetary return including both interest and capital gains from holding this bond?
A) $87.90      B) $90      C) $88.80      D) $87
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
Read 239 times
3 Replies
Replies
Answer verified by a subject expert
tityltityl
wrote...
#1
Top Poster
Posts: 2938
Rep: 82 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

shepherd Author
wrote...
#2
8 years ago
You really helped me with my business course, thank you!
wrote...
#3
8 years ago
Happy to help Slight SmileSlight Smile
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  794 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 46
  
 384
  
 815
Your Opinion
Previous poll results: What's your favorite math subject?