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

Author Question: Jared has purchased a corporate bond with a face value of 10,000. He receives interest in the amount ... (Read 31 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
Jared has purchased a corporate bond with a face value of 10,000. He receives interest in the amount of 300 every six months. What is the interest rate of the bond?
 A) 2
  B) 3
  C) 4
  D) 5
  E) 6

Question 2

At the beginning of the year, John Stewart invested 10,000. Twelve months later, John sold his investment for 11,000. Assuming he received no dividends or interest during this time, what is his rate of return?
 A) 110
  B) 100
  C) 10
  D) 1
  E) It is impossible to calculate rate of return with this information.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

E

Answer to Question 2

C




natalie2426

  • Member
  • Posts: 524
Reply 2 on: Jul 14, 2018
Great answer, keep it coming :)


adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Excellent

 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

For a complete list of videos, visit our video library