HesitantAlien6777 HesitantAlien6777
  • 04-06-2021
  • Business
contestada

Consider the market for $200 bonds. If the price of the bond is $175, what is the interest rate on bonds

Respuesta :

ewomazinoade ewomazinoade
  • 06-06-2021

Answer:

14.3%

Explanation:

Interest rate = (par value of the bond / price of the bond ) - 1

(200/175) - 1 = 0.143 = 14.3%

Answer Link

Otras preguntas

A piece of information that is considered common knowledge does not need a citation. Please select the best answer from the choices provided T F.
Want to lend a hand here?
What is the solution to the equation? 3(x+9)^3/4 = 24 A. -3 B. 6 C. 7 D. 25
How does paragraph 39-44 contribute to the development of ideas in the text? ( Article name - Hurricane Katrina the overview New Orleans is inundated as levels
Exercise 614 Your class has been discussing whether receiving prizes for doing well at school is a good idea.Here are two comments from your classmates:Prizes a
help me plz btw good morning​
On which day do the polar areas in the southern hemisphere experience 24 hours night?​
1. Is (0,9) a solution? y = -3x + 5
What is the complete factorization of 5x2 - 11x - 12?
When atoms gain electrons, they can become larger, because the addition of an electron increases electrostatic repulsion. True or false