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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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