Last year, Carlos bought a bond for $10,000 that promises to pay him $900 per year. This year, he can buy a bond for $10
Posted: Sun Jul 03, 2022 6:50 am
Last year, Carlos bought a bond for $10,000 that promises to pay him $900 per year. This year, he can buy a bond for $10,000 that promises to pay $1,000 per year. If Carlos wants to sell his old bond, what is its price Jikely to be? $11.11 $11,111.11 $9,000 $10