Answer: 10.50 dollars
Step-by-step explanation:
3.50 x 3 = 10.50
Answer:
Step-by-step explanation:
i think it is 2
You earn 12% on the $5000 par value (face value) of the bond. So 0.12*5000 = 600 is the annual coupon payment. You earn $600 each year
This income is divided by the amount you paid to get
600/4750 = 0.1263 which converts to 12.63%
So the answer is choice 2) 12.63%
136ft2 I did the work but I don't know if I understood the question correctly but maybe it is right lol