phamleson2039 phamleson2039

09-07-2021
Business

contestada

Jim buys a 5 percent bond in the amount of $100. If the market interest rate increases to 10 percent Jim can sell his bond for up to:

Respuesta :

Ritmeks Ritmeks

11-07-2021

Answer:

$50

Explanation:

Jim buys a 5% bond

The amount is $100

The market interest rate increases to 10%

Therefore the price at which the bond cann be sold is calculated as follows

= 5×100

= 500×0.01

= 50

Hence it can be sold for $50

Answer Link

Otras preguntas

Consider that the rate of enzyme activity is related to the slope of the line, δy/δx (the "rise" over the "run"), in μmol/ml • min, with the steepest slope indi

Phil has 7 green marbles and 3 purple marbles in a bag. He removes a marble at random, records the color, puts it back, and then repeats this process until he h

Date charge payment balance notes 1/31 $75 $0 $75 monthly fee 2/15 $6 $75 $6 payment; 2 movies purchased 2/28 $100 $0 $106 monthly fee, repair fee 3/31 $87 $0 $

Terry needs to take a loan from her parents to pay for her new car. the cost of the car is $11,000. She decided that she will pay her parents $250 per month to

How many hours of sleep will i get if i fall asleep now?

true or false Compared to water, most metals have low specific heats.

Water can enter the atmosphere by evaporating from the leaves of plants in the process of

When did the search for a distinct american music identity arguably begin?

What would MOST likely be a reason why slavery was banned while Georgia was a colony run by the Trustees? A) The founders thought it was morally wrong. B) The

What type of organelle is primarily involved in the synthesis of oils?