Mathematics, 02.11.2020 17:00 zmirandalove100
Sandra owns a bond issued by Animite Energy with a par value of $1,000. The bond pays 7.6% interest yearly and had a
market rate of 93.411 when Sandra bought it. If the current market rate of Animite Energy bonds is 102.382, what is the
current yield on Sandra's bond?
Answers: 2
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Sandra owns a bond issued by Animite Energy with a par value of $1,000. The bond pays 7.6% interest...
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