Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
ikrabbe ikrabbe
wrote...
Go to Answer
Posts: 324
Rep: 0 0
6 years ago
A 6.3% annuity bond of $12 000 with interest payable monthly is to be redeemable at par in nine years with a yield 7.9% compounded monthly. What is the gain or loss if the bond is sold eight years after the date of purchase at 101.325?
A) $343.03 Gain
B) $343.03 Loss
C) $184.03 Gain
D) $184.03 Loss
E) $336.94 Gain
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
Read 39 times
1 Reply
Replies
Answer verified by a subject expert
SupremeSupreme
wrote...
#1
Posts: 375
Rep: 191 0
6 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

ikrabbe Author
wrote...

6 years ago
Helped a lot
lierac00
wrote...

Yesterday
Thanks for your help!!
Transonic
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1386 People Browsing
 131 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 189
  
 318
  
 324
Your Opinion
What's your favorite funny biology word?
Votes: 328
Previous poll results: Who will win the 2024 president election?