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courtneyjuma courtneyjuma
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9 months ago

The bond of Tuckpeck is 8 image 14. The bond traded for a high of 93.25 and closed at 93. The current yield of the bond to the nearest tenth of a percent is:



8.8%



8.7%



8.9%



8.6%



None of the answer choices are correct.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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deathnature9deathnature9
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9 months ago
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courtneyjuma Author
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9 months ago
Thanks
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Helped a lot
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