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21 November, 04:23

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$

+2
Answers (2)
  1. 21 November, 06:45
    0
    8$ because it starts with less first
  2. 21 November, 07:51
    0
    a) $800

    Explanation:

    $2000 x 4% = $80

    $80 x 10 years = $800
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