# If the seller earned 5% on the bond over the time that it was held,

SoccerBoss
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Price: \$5 USD

Question description

a three year bond with maturity value of \$1,000 and a yield rate of 4% was sold 1 year before maturity. if the seller earned 5% on the bond over the time that it was held, then for how much did they sell it?

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