Business, 15.04.2021 16:50 redhot12352
Alejandro bought a bond with a face value of $5,000. The term of the bond is 2 years. He bought the bond at a 4 percent discount from the face value. The bond pays 4 percent annual interest, and Alejandro will receive four semiannual payments. When the bond is redeemed at maturity, the total return (profit) will be $
.00. The total return on investment will be
%. (Round return on investment percentage to one decimal place.)
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Alejandro bought a bond with a face value of $5,000. The term of the bond is 2 years. He bought the...
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