[Solved] 25. From the following bond quotation, (A

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25. From the following bond quotation, (A) calculate the cost of 5 bonds at closing and (B) check the current yield. Disregard commissions. Bonds Yield

25. From the following bond quotation, (A) calculate the cost of 5 bonds at closing and (B) check the current yield. Disregard commissions.

Bonds	Yield	Sales	Close	Net change
Aetna 6.375%	6.4	20	100.375	.875

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