subject
Business, 19.02.2020 23:02 joseroblesrivera123

Ryan purchased a bond for $980 at the beginning of 2011. He received annual interest payments of $55 at the end of each year through 2016 when the bond was redeemed at its face value of $1,000. Compute the yield (internal rate of return) Ryan earned on his bond purchase.

A) 5.50%

B) 5.61%

C) 5.91%

D) .34%

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 13:20
Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?
Answers: 3
question
Business, 22.06.2019 14:50
Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
Answers: 3
question
Business, 22.06.2019 16:30
:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?
Answers: 3
question
Business, 22.06.2019 22:30
Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *
Answers: 2
You know the right answer?
Ryan purchased a bond for $980 at the beginning of 2011. He received annual interest payments of $55...
Questions
question
Mathematics, 29.09.2021 15:30
question
English, 29.09.2021 15:30
question
Mathematics, 29.09.2021 15:30
question
Mathematics, 29.09.2021 15:30
Questions on the website: 13722365