[Answered] If a property tax rate is 15 cents on 1, what is that rate in ...

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beccaep

Hero Member
Posts: 535

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

Sr. Member
Posts: 352

Reply #1 on: Jun 24, 2018

Answer to Question 1

150 mills

Answer to Question 2

0.33 greater yield from Bond B

beccaep

Member
Posts: 535

Reply 2 on: Jun 24, 2018

TYSM

AmberC1996

Member
Posts: 317

Reply 3 on: Yesterday

Wow, this really help

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