Question

John Investor purchased a $10,000 bond at 80. The annual interest is 4%.

What was the cost of the bond? $
What was the annual interest? $
What is the yield (to the nearest tenth of a percent)?

Answer 1

Bond: $8,000

Annual Intrest: $400

Yield: 5.0%

Hope this helped :)

Answer 2

What was the cost of the bond?8,000 total.
What was the annual interest? The interest is 400
What is the yield?0.5 (not 100% sure)