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Updated over 2 years ago on . Most recent reply

User Stats

93
Posts
20
Votes
Shoshana Shulman
  • Investor
  • efrat, israel
20
Votes |
93
Posts

7% yield bonds: need more understanding

Shoshana Shulman
  • Investor
  • efrat, israel
Posted

I heard the discussion that mentioned there are bonds now yielding 7%. The maximum one can purchase is $10,000.

Is the 7% compounded monthly? Does that mean that after five years if one invested $10,000 one would cash the bond in for approximately $14,000?

Thank you.

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