d2ronnwk d2ronnwk

06-05-2024
Business

Answered

Assume that you purchase a $4,200 bond issued by Harley-Davidson that pays 4 percent interest each year, paid every 6 months. What is the
amount of each interest
payment? (Round your answer to 2 decimal places.)
Multiple Choice
$8.40
$168.00
$16.80
$84.00

Answer :

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