What would your annual rate of return be, Accounting Basics

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What would your annual rate of return be

You wish to purchase a debenture bond worth with a face value of $10,000. Before you buy, you want to know what your ROR will be. The bond matures in 8 years with a bond interest of 6% to be paid out every 6 months. If you pay $7,000 for the bond today, what would your annual rate of return be (nominal and nearest to)?

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Accounting Basics: What would your annual rate of return be

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Accounting Basics: What would your annual rate of return be

Reference No:- TGS0711004

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Recent Questions Asked Accounting Basics

Q : Should it be discontinued or changed in any way

Q : Object undergoes projectile motion

Q : Marge atkins and pete granger

Q : Sampling distribution of the sample mean

Q : What would your annual rate of return be

Q : Find the static water pressure in pound per square inch

Q : Probability a randomly selected bag

Q : Find the thrust factors required

Q : Find the input current and voltage across the output load

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What would your annual rate of return be

Reference No:- TGS0711004

Recent Questions Asked Accounting Basics

Q : Should it be discontinued or changed in any way

Q : Object undergoes projectile motion

Q : Marge atkins and pete granger

Q : Sampling distribution of the sample mean

Q : What would your annual rate of return be

Q : Find the static water pressure in pound per square inch

Q : Probability a randomly selected bag

Q : Find the thrust factors required

Q : Find the input current and voltage across the output load

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