Question 2 Suppose Ford company issues a bond in which they'll need to pay $10,000 in one year, that includes 4% interest. How much will the company receive for the bond? $10,400 $10,000 $9,615 $9,600

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Question 2
Suppose Ford company issues a bond in which they'll need to pay $10,000 in one year, that includes 4%
interest. How much will the company receive for the bond?
O $10,400
O $10,000
$9,615
O $9,600
Transcribed Image Text:Question 2 Suppose Ford company issues a bond in which they'll need to pay $10,000 in one year, that includes 4% interest. How much will the company receive for the bond? O $10,400 O $10,000 $9,615 O $9,600
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