Question

A bond is issued with a $500 face value, a 2% yield, and a maturity of 1 year. If an investor purchases the bond at face value and holds it until the bond's maturity date, how much should the bondholder expect to receive in payment?(1 point)
Responses

$510
510 dollars

$10
10 dollars

$0
0 dollars

$500

Answer 1

$510