Mathematics, 22.11.2019 01:31 isabelperez063
Chester has a par value $500 bond issued by harris county. the bond pays 6.2% yearly interest, and has a current market rate of 98.626. if
harris county bonds had a market rate of 101.760 when chester bought it, what is the current yield on chester's bond?
a. 0.061
b. 0.062
c. 0.063
d 0.031
Answers: 1
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Chester has a par value $500 bond issued by harris county. the bond pays 6.2% yearly interest, and h...
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