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Author Question: The town of San Juan has a total assessed valuation of 680,000,000 . The amount to be raised by ... (Read 154 times)

leo leo

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The town of San Juan has a total assessed valuation of 680,000,000 . The amount to be raised by taxation is 12,580,000 . Compute the tax rate and express the answer as a percentage.

Question 2

An investor bought a 6  bond at 74 . The bond would mature in 13 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)



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scikid

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Answer to Question 1

1.85

Answer to Question 2

10.06




scikid

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