Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 12 Nov 2017 My Price 4.00

corresponding interest payments

A bond promises to pay $500 one year from now. For the following prices, find the corresponding interest payments and interest rates that the bond offers.

 

 

 

Amount Paid

 

 

Price

in One Year

Interest Payment

Interest Rate

$375

$500 

_____________

_____________

$425

$500 

_____________

_____________

$450

$500 

_____________

_____________

$500

$500 

_____________

_____________

As the price of the bond rises, what happens to the bond’s interest rate?

Answers

(5)
Status NEW Posted 12 Nov 2017 05:11 PM My Price 4.00

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