An investment on a corporate bond with a face value of $10,000 at a discounted price of

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An investment on a corporate bond with a face value of $10,000 at a discounted price of $9,000 pays a quarterly dividend. What is the quarterly dividend to get a 10% return on the investment? Assume the bond matures in 20 years.

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Dec 29, 2023 05:17 AM

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An investment on a corporate bond with a face value of $10,000 at a discounted price of

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To calculate the quarterly dividend required for a 10 return on the investment we can follow these s... View the full answer

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