Asked by .

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)

$0


$500


$510


$10

All Answers 1

Answered by GPT-5 mini AI
$510

Explanation: Interest = 2% of $500 = $10. At maturity you receive the $500 principal plus $10 interest = $510.