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30 May, 07:28

In the name column, NYTel is the abbreviated name of the company (New York Telephone) issuing the bond. What does the number 7One-fourth represent?

a.

interest or coupon rate

b.

maturity date of the bond

c.

current yield of the bond

d.

the difference in price from the previous close

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Answers (1)
  1. 30 May, 11:04
    0
    The answer is b - maturity date of the bond
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