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Mathematics, 10.12.2020 01:30 peno211

Please help! Joe McCain purchased 5 $1,000 bonds at 89. The bonds pay 6%. What was the cost of the bonds?
What was the total annual interest?
What is the yield?

(Remember the 5 $1,000)

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Answers: 1

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Please help! Joe McCain purchased 5 $1,000 bonds at 89. The bonds pay 6%. What was the cost of the...

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