yourgirlnevaeh
yourgirlnevaeh
16.04.2020 • 
Business

In 2008, when the U.S. automobile industry was struggling, the price of Ford Motor Company bonds rose. Give all answers to two decimals. a. If a one-year Ford bond originally had a face value of $10,000 and a price of $9,500, what was the interest rate? % b. What is the new interest rate on the same bond if the price rises to $9,900? %

Solved
Show answers

Ask an AI advisor a question