Leann just sold a 10000 par value bond for 9800 the bond, Business Economics

+44 141 628 6080
[email protected]

Leann just sold a 10000 par value bond for 9800 the bond

Leann just sold a $10,000 par value bond for $9,800. The bond interest rate was 4 % per year payable quarterly. Leann owned the bond for 3 years. The 1st interest payment she received was 3 months after she bought the bond. She sold it immediately after receiving her 12th interest payment. Leann’s yield on the bond was 14.5 % per year compounded quarterly. Determine the price she paid when she purchased the bond

Request for Solution File

Ask an Expert for Answer!!

Business Economics: Leann just sold a 10000 par value bond for 9800 the bond

Reference No:- TGS0988486

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Business Economics

Q : According to the bureau of labor statistics 83 of the labor

according to the bureau of labor statistics 83 of the labor force was unemployed in january 2012 a random sample of 100

Q : Suppose that one firm is the only employer of a certain

suppose that one firm is the only employer of a certain labor service ie the firm is a monopolist assume its mrpl is

Q : A student spends all of her income on pizza and books when

a student spends all of her income on pizza and books when pizzas cost 3 each and books cost 10 each she consumed 30

Q : If jim is putting money into a savings account he puts in

if jim is putting money into a savings account he puts in 100 monthly at the end of each year he gets a 500 bonus from

Q : Leann just sold a 10000 par value bond for 9800 the bond

leann just sold a 10000 par value bond for 9800 the bond interest rate was 4 per year payable quarterly leann owned

Q : Because of the free-rider

because of the free-rider problem select onea the private market will generally produce the efficient amount of a

Q : Export development canada edc provides insurance to

export development canada edc provides insurance to canadian exporters for their accounts receivable from foreign

Q : Which of the following statements suggests that property

which of the following statements suggests that property taxes might be progressivea the proportion of income spent on

Q : Suppose canadas exchange rate with the euro rises from 12

suppose canadas exchange rate with the euro rises from 12 to 14 this rise indicates an of the canadian dollar which

1955067

Questions
Asked

3,689

Active Tutors

1451654

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Discuss patient with athsma about use of bronchodilators

You're instructing a patient with athsma about the use of bronchodilators. You should teach the patient which one?

Discuss new forms of advertising changing opdps work

How have social media and other new forms of advertising changing OPDP's work?

Observing and reporting a correctional clients behavior

Observing and reporting a correctional client's behavior is extremely important, to ensure they receive the right mental health care.

Discussion about improve patient satisfaction scores

You are trying to improve patient satisfaction scores in your hospital's emergency department. You decide to poll 40 patients a day for three weeks.

Problem concerning about the risk for stroke

Sam is concerned about his risk for his stroke since his dad died of stroke at age 57 based on the following information why would you recommend

Patient presented with acute-onset abdominal pain

You are on your 5th straight duty in the Urgent Care and you are seeing a 18 yo may who presented with acute-onset abdominal pain for 2 days.

Discuss - male with a history of moderate persistent asthma

A nurse is caring for an 8-year-old male with a history of moderate persistent asthma. He is accompanied by his mom and dad who reported