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Author Question: The town of Duncan assesses property at 60 of market value. The tax rate is 2.5. A building has a ... (Read 54 times)

Yi-Chen

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on: Jun 24, 2018
The town of Duncan assesses property at 60 of market value. The tax rate is 2.5. A building has a total market value of 760,000 . How much does the building save by being exempt from property taxes?

Question 2

An investor purchased a 7 bond at 90 (no commission). The bond matures in 10 years. Calculate the rate of yield to maturity. (Round answer to two decimal places.)


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Tonyam972

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Reply #1 on: Jun 24, 2018
Answer to Question 1

11,400

Answer to Question 2

8.42


Yi-Chen

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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