Business
Business, 19.05.2021 15:50, ANONYMUSNESS8670

Chelsea bought a bond with a face value of $5,000. The bond has a term of 4 years. Chelsea bought the bond at a 3 percent discount from the face value. The bond pays 3 percent annual interest, and Chelsea will receive eight semiannual payments. When the bond is redeemed at maturity, the total return (profit) will be $ .00. The total return on investment will be %. (Round return on investment percentage to one decimal place.)

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Chelsea bought a bond with a face value of $5,000. The bond has a term of 4 years. Chelsea bought th...

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