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A security that is selling for $3,000 and promises to pay annual interest or $250 forever would have an annual yield of A. 1.20% B.

A security that is selling for $3,000 and promises to pay annual interest or $250 forever would have an annual yield of

  • A.

    1.20%

  • B.

    8.33%

  • C.

    11.00%

  • D.

    12.00%

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