1. Business
  2. Economics
  3. suppose i offered you the following bond the bond pays...

Question: suppose i offered you the following bond the bond pays...

Question details

Suppose I offered you the following Bond. The bond pays out $200 per year for ten years, then pays the principal payment $5000 at the end of the contract period. If I offered, you this bond for $3,156.63. What is the rate of return on this bond?

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution