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Business, 03.05.2021 21:20 dwighthibbert56

Timothy bought a bond with a face value of $1,000. The bond term is 1 year. He bought the bond at a 5 percent discount from the face value. The bond pays 5 percent annual interest, and Timothy will receive two semiannual payments. When the bond is redeemed at maturity, the total return (profit) will be $ .00. The total return on investment will be %. (Round return on investment percentage to one decimal place.)

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Timothy bought a bond with a face value of $1,000. The bond term is 1 year. He bought the bond at a...
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