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Author Question: Express a tax rate of 1.27 in dollars.[br][br][b][color=#347235]Question 2[/color][/b][br][br]An ... (Read 216 times)

lindiwe

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on: Jun 24, 2018
Express a tax rate of 1.27 in dollars.

Question 2

An investor bought two bondsbond A was a 9 bond at 106 and bond B was a 7 bond at 94 . Each bond is to mature in 5 years. Compute how much greater the yield to maturity from bond B is than from bond A. (Do not consider commission. Round yields to two decimal places.)


verrinzo

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

1.27 on each 100 of value.

Answer to Question 2

0.88 greater yield from Bond B


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