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siniylev [52]
3 years ago
11

Amy purchased a five-year $5,250 bond below par value for $4,675 with a coupon of 3.5%. What was her yield?

Mathematics
1 answer:
Aleksandr [31]3 years ago
5 0

Answer:

3.9%

Step-by-step explanation:

All I know is I got it wrong from the other answer, and it says 3.9% is the right answer.

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