Question: Not yet answered Marked out of 25.00 P Flag question Tara purchases a 20-year, 5 percent savings bond with a face value of $10,000 at

Not yet answered Marked out of 25.00 P Flag question Tara

Not yet answered Marked out of 25.00 P Flag question Tara purchases a 20-year, 5 percent savings bond with a face value of $10,000 at a premium price of $11,000. She gets the dividend paid yearly. Determine the rate of return on the bond if the bond is kept till maturity. Select one A. 4.25% B. 4.62% C. 5.33% D. 2.38%

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