-Refer to Exhibit 38-1.The yield on bond B is approximately
A) 9.5 percent.
B) 15.8 percent.
C) 0.15 percent.
D) 17 percent.

Question

-Refer to Exhibit 38-1.The yield on bond B is approximately
A) 9.5 percent. 
B) 15.8 percent. 
C) 0.15 percent. 
D) 17 percent.

Quizplus · Accepted Answer

The yield on bond B is approximately 15.8 percent. This can be determined by analyzing the given information in Exhibit 38-1 (not provided here), typically involving calculations related to bond pricing, interest rates, and yields. The yield is a measure of the return on investment for a bond, calculated based on the bond's price, its coupon payments, and its maturity value.