Worldprofessor2434 Worldprofessor2434

19-09-2022
Business

Answered

Sandra owns a bond issued by animite energy with a par value of $1,000. the bond pays 7.6% interest yearly and has a market rate of 93.411 when sandra bought it. what is the current yield on sandraâ€™s bond? a. 0.076 b. 0.074 c. 0.081 d. 0.089

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