anonymous
  • anonymous
WILL MEDAL + FAN A $1,000 TR Global bond at 80.5 pays 6% interest. Find the annual yield. 22.35% 6.5% 5.00% 7.45%
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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anonymous
  • anonymous
@Serenity74
Serenity74
  • Serenity74
No idea. Word problems aren't my strength if you gimme da formula I could figure it out for you?
anonymous
  • anonymous
Bond Cost = Face Value × Percent Annual Interest = Face Value × Interest Rate Annual Yield = Annual Interest Bond Cost

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anonymous
  • anonymous
The last one is Annual Interest over Bond Cost
Serenity74
  • Serenity74
Econ meh
anonymous
  • anonymous
Business math.... Either way it's stupid
Serenity74
  • Serenity74
I think it's 1000 * 6.0 = something something * 80.5 = annual yield I think this is it???? Not so sure?
Serenity74
  • Serenity74
I tried, I am sorry if it didn't help you whatsoever :(
anonymous
  • anonymous
No.. the answer is supposed to be a percent

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