A bond is sold at a face value of $200 with an annual yield of 3% . How much will the bondholder have received in payment from the bond issuer after the bond has reached its maturity date of one year?(1 point) Responses $6 6 dollars $200 200 dollars $406 406 dollars $206
The bond is sold at a face value of $200 with an annual yield of 3%. Therefore, the bondholder will receive $200 + (3/100) * $200 = $200 + $6 = $206 in payment from the bond issuer after the bond has reached its maturity date of one year.
Therefore, the correct response is $206.