candacetaylor00 candacetaylor00

23-05-2017
Mathematics

contestada

Kristen bought a $2000 bond with a 4.9% coupon that matures in 10 years. What are Kristen's total earnings for this bond when it reaches its date of maturity?

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BlueSky06 BlueSky06

06-06-2017

The solution would be like this for this specific problem:

Given: $2,000 bond

4.9% coupon

10 years.

$2,000 x 4.9% = 98

98 x 10 = 980

Kristen's total earnings for this bond when it reaches its date of maturity is $980.00.

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marioarzeta10 marioarzeta10

03-06-2019

Answer:

$980.00 -_- APEX

Step-by-step explanation:

Answer Link

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