Explore BrainMass

Explore BrainMass

    Returns on Bonds

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    An investment of $10,000 in 1997 in the Spartan Investment Grade Bond Fund grew to $14, 309.61 in 2002. Use the formula r=(s/p )^1/n -1 to find the five year average. r is the annual return, p is the initial investment and s is the amount it is worth after n years.

    © BrainMass Inc. brainmass.com March 4, 2021, 7:41 pm ad1c9bdddf

    Solution Summary

    Return on a bond is investigated.