You manage the company's cash register. Due to the timing of the project, you will find that you have the opportunity invests a cash surplus of approximately 2,000,000, for the period 19.11.2019 (November 19, 2019) - 1.2.2020 (February 1, 2020) (74) days. In your opinion, the best option is 4% bonds (nominal interest 4% p.a. always paid at the end of the year) with 224 days remaining running time. The term ends in the middle of the following year, when the nominal interest accrued for that year is also paid. You do not invest exactly 2 million. but you decide to buy 20 bonds with a nominal value of 100,000. You can get bonds purchased when you market yield requirement 3.7% p.a. (discounting). When you sell the papers on February 1, 2020, interest rates have risen and sales occurs at 4.2% p.a. yield requirement. What is the return on the investment in euros, what about the annual return return rate?

NB!! Only possible formulas: Annualized rate of return = (current value - original value) * 100 / original value

SI = P R T, where P = Principal, R = Rate of Interest, and T = Time period.

The future value formula is FV=PV(1+i)ⁿ