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27 February, 23:30

3 Polnis

-

Trevor has a $1000 bond with a 4.5% coupon. Trevor purchased this bond for

$965. What is the yield of this new bond?

O A. 5%

OB. 5.1%

C. 4.5%

D. 4.7%

+2
Answers (1)
  1. 28 February, 00:20
    0
    D. 4.7%
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