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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?

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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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