Gugenheim, Inc., has a bond outstanding with a coupon rate of 7.3 percent and annual payments. The yield to maturity is 8.5 percent and the bond matures in 21 years. What is the market price if the bond has a par value of $2,000

answer: intro lll by nf

explanation:

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answer; ///the correct answer is (organizational effectiveness);

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"