PDA

View Full Version : Annual interest paid on a bond.


Gambyt
Mar 29, 2009, 07:25 PM
The annual interest paid on a bond is equal to the face value of the bond:

A) multiplied by the stated annual interest rate
B) minus the stated annual interest rate
C) plus the stated annual interest rate
D) divided by the stated annual interest rate
E) none of the above


Please help answer this question.

Thanks,

PL

hamzashakaa
Mar 29, 2009, 11:42 PM
a) multiplied by the stated annual interest rate

helemuo
Mar 30, 2009, 10:04 AM
Answer: (A).