Refer to the information provided in Table 11.1 below to answer the questions that follow.
Table 11.1

-Refer to Table 11.1.If the period covered by Table 11.1 is one year,the interest rate paid on bonds
A) is 2%.
B) is 3%.
C) is 5%.
D) cannot be determined from this information.
Correct Answer:
Verified
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