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Business, 31.07.2021 03:40 SmokeyRN

Scooter wishes to sell a bond that has a face value of $919. The bond bears an interest rate of 6.01% with bond interest payable quarterly. Three years ago, $1,221 was paid for the bond. At least a 12.68% return (yield) on the investment is desired. The quarterly bond interest payment that Scooter received is:

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Scooter wishes to sell a bond that has a face value of $919. The bond bears an interest rate of 6.01...
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