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shepherd shepherd
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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
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Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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8 years ago
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shepherd Author
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#2
8 years ago
You really helped me with my business course, thank you!
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8 years ago
Happy to help Slight SmileSlight Smile
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