What would you pay for a debenture bond
What would you pay for a $100,000 debenture bond that matures in 15 years and pays $10,000 a year in interest if you wanted to earn a yield of:
A) 8%?
B) 10%?
C) 12%?
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carsales1=carsales1+1; //if commission is not equals to zero, than a sale is being made and the program will add +1 to the count car totcom1=totcom1+commission1; //this will sums up the total commission made by the user
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