Discussion Post: Suppose you were considering investing in a Series I Bond. The bond will pay 5%
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Discussion Post:
Suppose you were considering investing in a Series I Bond. The bond will pay 5% interest. However, bond A compounds annually, and bond B compounds semiannually. Provide a detailed explanation of your investment amount, period of time, and your resulting investment. In addition, provide details on how you calculated using Excel (with formula) or financial calculator inputs. Which bond would you choose and why?
Be sure to cite your source(s)
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
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