A zero coupon bond is a type of bond that is sold below its face value but pays no interest. At maturity, Arthur will be able to have $5,000 but he paid $4,000 for it. Therefore, he was able to earn $1,000 ($5,000 - $4,000) from the bond.
Answer:
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Step-by-step explanation:
B
If im write 268 hours
11 x 20 = 220
So 59,150 divided by 220= 268
Answer: 1.2
Is your answer.
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