Ask your own question, for FREE!
Mathematics 7 Online
OpenStudy (anonymous):

What is the rate of return on an $8500 bond purchased at $6500 with an 8% coupon? 10.46% 8% 7.41% 6.12%

OpenStudy (anonymous):

10.46%

OpenStudy (anonymous):

8500x0.08=680 680/6500=0.1046 0.1046x100=10.46

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!