This topic contains a solution. Click here to go to the answer

Author Question: Suppose you purchase a six-year bond with an APR of 1.85%. The face value of the bond is $8888. Find ... (Read 525 times)

beccaep

  • Hero Member
  • *****
  • Posts: 535

Question 1

Suppose you purchase a three-year bond with an APR of 2.5%. The face value of the bond is $6450. Find the purchase price of the bond.
◦ $5958.43
◦ $6933.75
◦ $6000
◦ $5931.03
◦ $6042.15

Question 2

Suppose you purchase a six-year bond with an APR of 1.85%. The face value of the bond is $8888. Find the purchase price of the bond.
◦ $8033.44
◦ $8043.44
◦ $7935.71
◦ $9874.57
◦ $8000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by beccaep on May 5, 2020

poopface

  • Sr. Member
  • ****
  • Posts: 339
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly







 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library