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BRADsmith
BRADsmith BRADsmith
  • 14-02-2017
  • Mathematics
Answered

Fred salmon purchased six 1000 bonds at 92. the bonds pay 6.5%

Verified Answer :

Anonymous Anonymous
  • 14-02-2017

I think that's what you mean

View image Anonymous
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tartnaomi
tartnaomi tartnaomi
  • 24-11-2020

Answer:

here's the correct answer for anyone else that needs it :)

Step-by-step explanation:

cost of bonds $5,520.

total annual interest  $390.00

the yield  7.1%

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