Author Question: Jared has purchased a corporate bond with a face value of 10,000. He receives interest in the amount ... (Read 65 times)

natalie2426 · **on:** Jul 14, 2018

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.