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An investor bought two bonds. Bond A was a 9% bond at 106 and bond B was a 7% bond at 94. Each bond is to mature in 5 years. Compute how much greater the yield to maturity from bond B is than from bond A. (Do not consider commission. Round yields to two decimal places.)
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Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
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Botox14Botox14
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