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

Author Question: The Bond MarketIf a corporate bond with a face value of $3000 has an interest rate of 6% paid once a ... (Read 61 times)

meganh99

  • Full Member
  • ***
  • Posts: 143

Question 1

The Bond Market

If you invest $40,000 in a bond that earns 2% interest per year, how many years will it take to double your money? (Round to the nearest tenth when appropriate.)
◦ 1.4
◦ 8.0
◦ 35.0
◦ 50.0

Question 2

The Bond Market

If a corporate bond with a face value of $3000 has an interest rate of 6% paid once a year for a term of 10 years, what is the size of the coupon payment? (Round to the nearest hundredth.)
◦ $18.00
◦ $500.00
◦ $180.00
◦ $50.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by meganh99 on Nov 23, 2022

ekattan2

  • Full Member
  • ***
  • Posts: 151
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 29% of students answer this correctly




meganh99

  • Member
  • Posts: 143
Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review


LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

For a complete list of videos, visit our video library