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

Author Question: Suppose you purchase a seven-year muni bond for $9600. The face value of the bond when it matures is ... (Read 299 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534

Question 1

Suppose you purchase a 10-year muni bond for $8000. The face value of the bond when it matures is $12,300. Find the APR.

◦ 5%
◦ 5.5%
%
◦ 5.375%

Question 2

Suppose you purchase a seven-year muni bond for $9600. The face value of the bond when it matures is $13,128. Find the APR.
%
◦ 5.5%
◦ 4.5%
◦ 5%
◦ 4%


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Dunkey

  • Sr. Member
  • ****
  • Posts: 333
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




tuffie

  • Member
  • Posts: 534
Reply 2 on: May 5, 2020
Thanks for the timely response, appreciate it


dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

For a complete list of videos, visit our video library