× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
6
o
5
5
b
4
s
3
j
3
b
3
m
3
K
3
g
3
L
3
w
3
New Topic  
lemn8 lemn8
wrote...
Posts: 532
Rep: 0 0
6 years ago
Suppose you purchased a $1000 par-value bond in 2003 for $650. Its stated interest rate is 6 percent and it matured in 2013. What was your yield?
A) 7.2 percent
B) 9.2 percent
C) 6.1 percent
D) 10.4 percent
E) 8.4 percent
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
Read 63 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
B
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1025 People Browsing
Related Images
  
 189
  
 1172
  
 335
Your Opinion
Which country would you like to visit for its food?
Votes: 261