3 years ago

1. A $1,000 TR Global bond at 80.5 pays 6% interest. Find the interest.

Mathematics

2 answers:

Blababa [14]3 years ago

6 0

Hi

1) annual interest=1000×0.06=60

2) annual yield
((10,000×0.05)÷(10,000×1.025))×100
=4.9%

Hope it helps

maria [59]3 years ago

5 0

Answer:

the interest and the cost of the bond

Interest = $500.00; Cost of bond = $10,250.00

Step-by-step explanation:

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