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20-12-2022
Business

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Chester has a par value $500 bond issued by harris county. the bond pays 6.2% yearly interest, and has a current market rate of 98.626. if harris county bonds had a market rate of 101.760 instead of 98.626, what would be the current yield on chester’s bond? a. 0.061 b. 0.062 c. 0.063 d. 0.031 please select the best answer from the choices provided a b c d

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