paradisebigwood03 paradisebigwood03

02-04-2020
Mathematics

contestada

Esperanza holds a bond for 10 years that has a 4% coupon rate and a $2000 par value.

How much interest would Esperanza receive if she purchased the bond?

800$

8000$

80$

8$

2$

Respuesta :

alexescribano03 alexescribano03

02-04-2020

8$ because it starts with less first

Answer Link

toddjr021 toddjr021

03-04-2020

Answer:

a) $800

Explanation:

$2000 x 4% = $80

$80 x 10 years = $800

Answer Link

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