Refer to Table 66. Verify the yield to maturity of 4.69 percent on the State of Illinois

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Refer to Table 6–6. Verify the yield to maturity of 4.69 percent on the State of Illinois municipal bonds. Settlement occurs two days after purchase, so actual ownership of the bond occurs on May 25, 2016.

(LG 6-2)

 LO.1

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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