Business, 24.04.2020 11:22 amychan123

John Hendrix purchased a $5,000 bond at 120. The bond pays 7%.
What was the cost of the bond?
What was the annual interest?
What is the yield (to the nearest tenth of a percent)?
Use a thousands comma where applicable.
cost of the bond: $
annual interest: $
yield (to the nearest tenth of a percent):
la 2%

Answers: 3

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John Hendrix purchased a $5,000 bond at 120. The bond pays 7%.
What was the cost of the bond?<...