A $10,000 bond (face value) with 76 interest payable quarterly is purchased for $7000. If the bond matures in 6 years, what is the Rate of Return (ROR) per quarter? O A. 5.66% O B. 6.15% OC. 3.34% O D. 2.12% O E. 4.51% O F. 1.82%

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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QUESTION 4
25
A $10,000 bond (face value) with 7% interest payable quarterly is purchased for
$7000. If the bond matures in 6 years, what is the Rate of Return (ROR) per quarter?
O A. 5.66%
O B. 6.15%
OC3.34%
O D. 2.12%
E. 4.51%6
OF. 1.82%
please solve its faast
Transcribed Image Text:QUESTION 4 25 A $10,000 bond (face value) with 7% interest payable quarterly is purchased for $7000. If the bond matures in 6 years, what is the Rate of Return (ROR) per quarter? O A. 5.66% O B. 6.15% OC3.34% O D. 2.12% E. 4.51%6 OF. 1.82% please solve its faast
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