Mathematics
Mathematics, 03.07.2021 14:10, hunterdylan01

Your current CD matures in a few days. You would like to find an investment with a higher rate of return than the CD. Stocks historically have a rate of return between 10% and 12%, but you do not like the risk involved. You have been
looking at bond listings in the newspaper. A friend wants you to look at the following corporate bonds as a possible
investment.
Bond
Cur. Yld. Vol Close Net. Chg.
7.5
128 3
ABC 7-15
104-
4
3
8.4
17
1
XYZ 7-15
100-
4
2
2.
1
27 is
+
What price would you pay for each bond if you purchased one of them today? (Remember the face value is $1000.)

answer
Answers: 3

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