A $330,000 bond issue sold at 110 will cost $363,000.
(330,000x1.10=363,000)
In finance, a bond is a type of security in which the issuer owes the holder an obligation and, depending on the terms, is required to repay the principal of the bond and interest over a period of time on maturity. Interest is usually paid at regular intervals.
Bonds are investment securities in which an investor lends money to a company or government for a specified period of time in exchange for periodic interest payments. When the bond matures, the bond issuer returns the investor's money.
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A bond issue sold at 110 will cost $363,000.
A bond issue because it applies to ballots is while kingdom authorities, or a nearby unit of the presidency city, county, or school district, locations a question earlier than the electorate as a ballot degree, asking them to approve or deny additional proposed spending.
$330,000 bond issue sold at 110 will cost $363,000.
(330,000x1.10=363,000)
Bonds are issued with the aid of governments and corporations when they need to elevate cash. by shopping for a bond, you're giving the issuer a loan, and they agree to pay you to lower back the face cost of the mortgage on a particular date and to pay you periodic interest payments along the way, generally twice a 12 months.
A bond is a debt security, similar to an borrower's problem bond to raise cash from investors inclined to lend them money for a certain amount of time. when you buy a bond, you're lending to the issuer, which may be a government, municipality, or agency.
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