Isabel purchases a 10-year 4 percent savings bond with a


Isabel purchases a 10-year, 4 percent savings bond with a face value of $1,000 by paying a premium for $1,200. She gets the dividend paid yearly. Determine the rate of return she gets on the bond assuming she keeps the bond till maturity.

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Business Economics: Isabel purchases a 10-year 4 percent savings bond with a
Reference No:- TGS02184897

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