kukisbae
kukisbae
20.11.2020 • 
Business

Pleas help! need steps so I can learn how to do them please! 30 pts Chelsea bought a bond with a face value of $5,000. The bond has a term of 4 years. Chelsea bought the bond at a 3 percent discount from the face value. The bond pays 3 percent annual interest, and Chelsea will receive eight 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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