Question: this help answering the question I got wrong twice. 4.5 I/Y 142.5 PMT 6,000 FV CPT PV PV = -6,078.110841... Therefore, the selling price of

 this help answering the question I got wrong twice. 4.5 I/Y

this help answering the question I got wrong twice.

4.5 I/Y 142.5 PMT 6,000 FV CPT PV PV = -6,078.110841... Therefore, the selling price of the bond was $6,078.11. c. What was Daniel's gain or loss on this investment? Gain amount was $ $1,040.76 Solution Read 13.2 Calculating the Purchase Price and Yield Rate of Bonds The correct answer is $185.76 gain. Solution Amount of gain (loss) on the investment = Selling Price = 6,078.11 -5,8 $185.76 Therefore, Daniel's amount of gain on this investment was $185.76. Next Question 4.5 I/Y 142.5 PMT 6,000 FV CPT PV PV = -6,078.110841... Therefore, the selling price of the bond was $6,078.11. c. What was Daniel's gain or loss on this investment? Gain amount was $ $1,040.76 Solution Read 13.2 Calculating the Purchase Price and Yield Rate of Bonds The correct answer is $185.76 gain. Solution Amount of gain (loss) on the investment = Selling Price = 6,078.11 -5,8 $185.76 Therefore, Daniel's amount of gain on this investment was $185.76. Next

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