Question
Suppose the U.S. Treasury offers to sell you a bond for $2,000. No payments will be made until the bond matures 15 years from now,
Suppose the U.S. Treasury offers to sell you a bond for $2,000. No payments will be made until the bond matures 15 years from now, at which time it will be redeemed for $4,000. What interest rate would you earn if you bought this bond at the offer price?
| 2.00% | ||
| 50.00% | ||
| 3.33% | ||
| 13.33% | ||
| 4.73% |
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Crypto Finance Law And Regulation
Authors: Joseph Lee
1st Edition
0367086611, 978-0367086619
