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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
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Yesterday
Thanks for your help!!
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2 hours ago
Just got PERFECT on my quiz
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