Hal Fritz Purchased A $4,000 Bond At 90. The Annual Interest Is 5%. What Was The Cost Of The Bond? What Was The Annual Interest? What Is The Yield (To Nearest Tenth Of A Percent)?

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Hal Fritz Purchased A $4,000 Bond At 90. The Annual Interest Is 5%. What Was The Cost Of The Bond? What Was The Annual Interest? What Is The Yield (To Nearest Tenth Of A Percent)?. 1 convert the percentage to decimal form: $4,000 multiplied by 0.90 equals $3,600.

SOLVED You find the following Treasury bond quotes. To calculate the
SOLVED You find the following Treasury bond quotes. To calculate the from www.numerade.com

Since the bond was purchased at 90% of its face value, we can calculate the cost as follows: What is the yield (to nearest tenth of a percent)? Cost = face value × (percentage / 100) cost = $4,000 × (90 / 100)

What Was The Annual Interest?


90 divided by 100 equals 0.90. Cost = face value × (percentage / 100) cost = $4,000 × (90 / 100) The annual interest is 5%.

Cost Of The Bond = $4,000 Imes 0.90 = $3,600


1 convert the percentage to decimal form: Hal fritz purchased a $4,000 bond at 90. $4,000 multiplied by 0.90 equals $3,600.

The Annual Interest Is 5%.Weegy:


The annual interest is 5%. In summary, the cost of the bond was $3,600, the annual interest is $200, and the yield is approximately 5.6%. 2 multiply the face value by this decimal:

What Was The Cost Of The Bond?


Allen stewart purchased a $2,000 bond at 110. For instance, if another bond with the same annual interest of. Calculate the cost of the bond the bond was purchased at 90, which means 90% of its face value.

What Was The Cost Of The Bond?


What is the yield (to nearest tenth of a percent)? What was the annual interest? Hal fritz purchased a $4,000 bond at 90.

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