Herta0jdawstorrakoS Herta0jdawstorrakoS
  • 14-11-2016
  • Mathematics
contestada

Gwendolyn francis is interested in buying a bond that pays $70 annually. the current price of the bond is $800. what is her current yield?

Respuesta :

Аноним Аноним
  • 21-11-2016
below are the choices that can be found from other sources:

A. 4%
B. 7%
C. 8%
D. 3.5%
E: 8.75%

Below is the solution;

Current yield = Annual interest amount/Current price —t 70/800 = .0875 = 8.75%. 

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.
Answer Link

Otras preguntas

Where in real life do people use parabolas? *apart from maths classrooms and mathematicians.
use benchmarks to estimate 12.54 +7.98
kay goes for several bike rides during the week. if her speed is 10.75 miles per hour and she takes 1.9 hours. how many miles did she go
When all parts of a circuit are composed of conducting materials, the circuit is said to be A. parallel. B. closed. C. open. D. shorted.
57/9 to a mixed number
Which statement is true about protein synthesis? Translation produces RNA; transcription produces the protein. DNA is translated to produce tRNA, which assembl
In the town zoo 3/8 of the animals are birds. Of the birds 4/15 are birds of prey. What fraction of the animals are nirds of prey?
An instrument that can detect the presence of an electric charge is a
Which of the following nations withdrew from the British Commonwealth to form an independent republic? A. Canada B. Australia C. New Zealand D. Ireland
describe the general structure and function of the hypothalamus