Top Posters
Since Sunday
g
1
New Topic  
alireads alireads
wrote...
Posts: 164
Rep: 0 0
A year ago

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
Author:
Read 143 times
1 Reply
Replies
Answer verified by a subject expert
eminemluvr87eminemluvr87
wrote...
Posts: 143
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

alireads Author
wrote...

A year ago
Good timing, thanks!
wrote...

Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1354 People Browsing
Show Emoticons
:):(;):P:D:|:O:?:nerd:8o:glasses::-):-(:-*O:-D>:-D:o):idea::important::help::error::warning::favorite:
Related Images
  
 1367
  
 500
  
 477
Your Opinion
How often do you eat-out per week?
Votes: 167