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yosie yosie
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8 months ago

A person buys a bond with a face value of $10,000 for $9,325. Each year until the maturity date the bond buyer receives $750 from the issuer of the bond. The yield on the bond is



▸

8.04 percent.



▸

7.5 percent.



▸

10.0 percent.



▸

6.75 percent.



▸

There is not enough information to answer the question.

Textbook 
Economics

Economics


Edition: 12th
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12Jfiscus12Jfiscus
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8 months ago
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yosie Author
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8 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Transonic
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this is exactly what I needed
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This calls for a celebration Person Raising Both Hands in Celebration
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