Your current CD matures in a few days. You would like to find an investment with a higher rate of return than the CD.
Stocks historically have a rate of return between 10% and 12%, but you do not like the risk involved. You have been
looking at bond listings in the newspaper. A friend wants you to look at the following corporate bonds as a possible
investment.
Bond
Our Yil
7.5
Vel
128
8.4
Close
3
104-
ABC 7-15
2
ΧΥΣ 7- 15
If you buy three of the ABC bonds with $10 commission for each, how much will it cost?
17
Net Chg
100-
