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killerbear900 killerbear900
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Ryan purchased a bond for $980 at the beginning of 2016.  He received annual interest payments of $55 at the end of each year through 2020 when the bond was redeemed at its face value of $1,000.  Compute the yield (internal rate of return) Ryan earned on his bond purchase.

▸ 5.50%

▸ 5.61%

▸ 5.97%

▸ 0.34%
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Fundamentals of Investing

Fundamentals of Investing


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mossaddsmossadds
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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