Answer:
Reading between the lines is also known as inferring. It is when the information isn't explicit but you have to do some digging for it and it is not out of reach, therefore a reading between the lines question is a question where it doesn't give you all of the info, but you have to work out some of it for yourself.
Answer:
current yield of bond = 5.90%
The coupon rate = 6.00%
Explanation:
Given :
Years to maturity = 3.5 years
Face value = 1000
Bond selling price = $1016.36
Yield to maturity = 5.48% with interest compounded semiannually
Using a financial calculator :
The current yield of bond = 5.90%
The coupon rate = 6.00%
Answer:
third option - the ingenuity of German design was apparent even when quality materials were unavailable.
Explanation:
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