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A Bond Purchased for $950 Was Sold for $980 After

Question 19

Multiple Choice

A bond purchased for $950 was sold for $980 after one year. The interest received during the year is $25. Which of the following is the bond's yield?


A) 2.23%
B) 5.79%
C) 8.12%
D) 5.25%
E) 9.36%

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