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

Author Question: Suppose you purchase a eight-year bond with an APR of %. The face value of the bond is $6210. Find ... (Read 198 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578

Question 1

Suppose you purchase a five-year bond with an APR of 3.78%. The face value of the bond is $8917.50. Find the purchase price of the bond.
◦ $7509.47
◦ $8917.50
◦ $7431.25
◦ $7500
◦ $7440.86

Question 2

Suppose you purchase a eight-year bond with an APR of %. The face value of the bond is $6210. Find the purchase price of the bond.
◦ $3366.96
◦ $3445.41
◦ $3465.99
◦ $4713.75
◦ $4500


Related Topics

Need homework help now?

Ask unlimited questions for free

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

ngr69

  • Sr. Member
  • ****
  • Posts: 318
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




CharlieWard

  • Member
  • Posts: 578
Reply 2 on: May 5, 2020
Wow, this really help


apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

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?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

For a complete list of videos, visit our video library