Mathematics, 05.05.2020 22:13 brandydailey24pe8r24
Your current CD matures in a few days. You would like to find an investment with a higher rate of return than the CD. Stocks
historically have a rate of return between 10% and 12%, but you do not like the risk involved. You have been looking at bond
listings in the newspaper. A friend wants you to look at the following corporate bonds as a possible investment.
Bond
Cur. Yld. Vol Close Net Chg.
ABC 7-15
NAS
7-
15
What is the annual interest you would earn on each bond?
a. ABC 128: XYZ 17
b. ABC 7.5; XYZ 8.4
C. ABC 104; XYZ 1002
ABC 7 xvZ 7
Answers: 2
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