An investor bought two bonds-bond A was an 8% bond at 110 and bond B was a 6% bond at 98. The commission was $5 per bond. Compute how much greater the current yield from bond A is than from bond B. (Round yields to two decimal places.)

Question

Quizplus · Accepted Answer

The Answer of An investor bought two bonds-bond A was an 8% bond at 110 and bond B was a 6% bond at 98. The commission was $5 per bond. Compute how much greater the current yield from bond A is than from bond B. (Round yields to two decimal places.)

An Investor Bought Two Bonds-Bond a Was an 8% Bond