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Charu bought a bond last year for $10,000 that promises to pay her $1,000 a year. this year it is possible to buy a bond for $10,000 that promises to pay $800 a year. if charu w…

Charu bought a bond last year for $10,000 that promises to pay her $1,000 a year. this year it is possible to buy a bond for $10,000 that promises to pay $800 a year. if charu w…
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Charu bought a bond last year for $10,000 that promises to pay her $1,000 a year. this year it is possible to buy a bond for $10,000 that promises to pay $800 a year. if charu wants to sell her (old) bond, what is its price likely to be

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User Cedomir Rackov
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1 Answer

3 votes
$8000 price for $1000 when down by $200 so multiply that by ten for $10000 and subtract
answered
User Ashot Matevosyan
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7.8k points
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