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A bond closed at 102.25. The current yield is 10.4%. The annual interest is:

shopaka12

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6 months ago

A bond closed at 102.25. The current yield is 10.4%. The annual interest is:

▸

$102.90

▸

$106.34

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$105.80

▸

$104.60

▸

None of the answer choices are correct.

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

Read 76 times

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jmoline2

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6 months ago

More solutions for this book are available here

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shopaka12 Author

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6 months ago

Smart ... Thanks!

Starfiew

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Yesterday

I appreciate what you did here, answered it right Smiling Face with Open Mouth

dianeflunder

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2 hours ago

Brilliant ツ

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