1. What bonds makes no interest payments?

2. On March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 24,634.53, which was up 164.00 that day.

What was the return (in percent) of the stock market that day?

3. Your discount brokerage firm charges $8.45 per stock trade. How much money do you need to buy 270 shares of Pfizer, Inc. (PFE), which trades at $34.92

Answer rating: 100% (QA)

Bonds that make no interest payments are known as zerocoupon bonds These bonds are issued at a disco... View the full answer