Use the method of averages to find the approximate yield rate for each of the six bonds

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Use the method of averages to find the approximate yield rate for each of the six bonds shown in the table below. All are redeemed at par.

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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