Sarah holds a bond for 5 years that has a 5.7% percent coupon rate and a $100 par value.
How much interest does Sarah earn in 4 years?
$285
$82
$258
$228
1 answer
100 * 0.057 * 5
How much interest does Sarah earn in 4 years?
$285
$82
$258
$228
1 answer