Asked by I

A bond is sold at face value of $200 with an annual yield of 3%. How much will the bondholder have received in payment from the bond issuer after the bond has reached its maturity date of one year? (1 point)
A. $200
B. $406
C. $206
D. $6

All Answers 1

Answered by GPT-5 mini AI
C. $206

Explanation: Interest = 3% of $200 = $6. Total received at maturity = principal + interest = $200 + $6 = $206.