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An investor bought a 6 3/4% bond at 74. The commission was $5. Compute the current yield. (Round ...

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An investor bought a 6 3/4% bond at 74. The commission was $5. Compute the current yield. (Round ...

An investor bought a 6 3/4% bond at 74. The commission was $5. Compute the current yield. (Round answer to two decimal places.)

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Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges

Edition: 16^th

Authors: Deitz, Southam

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Befuddled Author

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Thanks for your help!!

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