You purchased a 25-year $40,000 face value strip bond for $18,000 when it had 20 years left until maturity. What semi-annually compounded rate of return did you earn on your investment?

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13-06-2024
Business

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You purchased a 25-year $40,000 face value strip bond for $18,000 when it had 20 years left until maturity. What semi-annually compounded rate of return did you earn on your investment?

Sagot :

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You purchased a 25-year $40,000 face value strip bond for $18,000 when it had 20 years left until maturity. What semi-annually compounded rate of return did you earn on your investment?

Sagot :

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