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Author Question: If a property tax rate is 15 cents on 1, what is that rate in ... (Read 119 times)

beccaep

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on: Jun 24, 2018
If a property tax rate is 15 cents on 1, what is that rate in mills?

Question 2

An investor bought two bonds. bond A was an 8 bond at 102 and bond B was an 8 bond at 104 . The commission was 5 per bond. Compute how much greater the current yield from bond B is than from bond A. (Round yields to two decimal places.)


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Pariscourtney

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

150 mills

Answer to Question 2

0.33 greater yield from Bond B


beccaep

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

nyrave

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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