alliemowrer12 alliemowrer12

21-11-2019
Mathematics

contestada

Chester has a par value $500 bond issued by Harris County. The bond pays 6.2% yearly interest, and has a current market rate of 98.626. If
Harris County bonds had a market rate of 101.760 when Chester bought it, what is the current yield on Chester's bond?
a. 0.061
b. 0.062
c. 0.063
d 0.031

Respuesta :

madmoneystacks100 madmoneystacks100

04-12-2019

Answer:

The answer is A - 0.061. Just had a test.

Step-by-step explanation:

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kiaratatiskt kiaratatiskt

27-01-2021

Answer:

a.

0.061

Step-by-step explanation:

Answer Link

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