Multiple Choice
You have purchased a U.S.Treasury bond for $3,000.No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $5,000.What interest rate will you earn on this bond?
A) 3.82%
B) 4.25%
C) 4.72%
D) 5.24%
E) 5.77%
Correct Answer:
Verified
Correct Answer:
Verified
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