Question

The company has invested in 12% government securities having face value of 600000, cost 580000and market value 620000 The intereste on government securities will be ?​

Answer 1

Answer:

What Is a Government Bond?

A government bond is a debt security issued by a government to support government spending and obligations. Government bonds can pay periodic interest payments called coupon payments. Government bonds issued by national governments are often considered low-risk investments since the issuing government backs them.