An investor buys a six-year bond with a nominal value of €1,000 which pays at maturity the principal amount invested and
Posted: Tue Jan 18, 2022 12:58 pm
An investor buys a six-year bond with a nominal value of €1,000
which pays at maturity the principal amount invested and the
interest that accumulates. The bond earns an annual interest of
2¾%. How much money the investor expects to be paid at
maturity?
which pays at maturity the principal amount invested and the
interest that accumulates. The bond earns an annual interest of
2¾%. How much money the investor expects to be paid at
maturity?