You pay $5600 for a municiple bond. When it matures after 19 years you receive $11700. The total return is

asked Dec 21, 2021 19.4k views

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4 votes

Answer:

The total return is $6,100

Explanation:

You pay $5600 for a municiple bond. When it matures after 19 years you receive $11700.

AntLaC answered Dec 27, 2021

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