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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 156 times)

leo leo

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

1.85

Answer to Question 2

10.06


leo leo

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Reply #2 on: Jun 24, 2018
Correct answers!


scikid

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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