Lily Adams purchased a $1,000 bond at 70. The bond pays 4%. What was the cost of the bond? What was the annual interest? What is the yield (to the nearest tenth of a percent) ?
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Home » Mathematics » Lily Adams purchased a $1,000 bond at 70. The bond pays 4%. What was the cost of the bond? What was the annual interest? What is the yield (to the nearest tenth of a percent) ?