-Refer to Exhibit 38-1.The yield on bond D is approximately
A) 11 percent.
B) 3 percent.
C) 6.4 percent.
D) 0.064 percent

Question

-Refer to Exhibit 38-1.The yield on bond D is approximately
A) 11 percent. 
B) 3 percent. 
C) 6.4 percent. 
D) 0.064 percent

Quizplus · Accepted Answer

The yield on bond D is approximately 6.4 percent. This can be determined by analyzing the given information about bond D, such as its coupon rate, maturity, and market price, and then calculating its yield to maturity or current yield based on that information.