An investor bought an 8 bond at 110 . The bond would mature in 8 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)
Q. 2Forestville has a total assessed valuation of 340,000,000 . The amount to be raised by taxation is 6,290,000 . A building in Forestville has an assessed valuation of 120,000 . Compute the amount of taxes the building owner will pay.
Q. 3An investor bought an 8 bond at 110 . The commission was 5 . Compute the annual current yield. (Round answer to two decimal places.)
Q. 4The town of San Juan has a total assessed valuation of 680,000,000 . The amount to be raised by taxation is 12,580,000 . Compute the tax rate and express the answer as a percentage.
Q. 5An investor bought a 6 bond at 74 . The bond would mature in 13 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)
Q. 6Meadow Lakes has a valuation rate of 25. If a building in Meadow Lakes has an assessed valuation of 80,000 . compute the market value of the building.
Q. 7An investor bought a 6 bond at 74 . The commission was 5 . Compute the current yield. (Round answer to two decimal places.)
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