Mathematics, 12.12.2020 16:30 dbanks701

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): %

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