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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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