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alireads alireads
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Assume a bond sells at 97.75 (pays 8% interest). The total annual interest is $80 per bond. The total dollar cost for one bond is $977.50. Calculate the bond yield to the nearest tenth percent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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eminemluvr87eminemluvr87
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