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economics part B 1. You purchased a bond with a face value of $1,000.00. You paid $900.00 for the bond. The bond pays 6% annual
economicspart B 
1. You purchased a bond with a face value of $1,000.00. You paid $900.00 for the bond. The bond pays 6% annual interest and the dividend is paid every six months. After 3 years you decided to sell it. a) Draw a cash flow timeline for this investment 2 b) What is your selling price if you camed 5% nominal rate of return on your investment? 5
part B
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
