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Title: From his retirement fund, Jack buys a $50 000, 5.4% bond with quarterly interest coupons at 104.1, ... Post by: majarm on Nov 27, 2017 From his retirement fund, Jack buys a $50 000, 5.4% bond with quarterly interest coupons at 104.1, redeemable at par in 15 years. What is the approximate yield rate?
A) 1.256% B) 5.024% C) 1.23% D) 4.92% E) 5.19% Title: Re: From his retirement fund, Jack buys a $50 000, 5.4% bond with quarterly interest coupons at ... Post by: rmaccara on Nov 27, 2017 B
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