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Abby Sane decided to buy corporate bonds instead of stcok. she desired to have the fixed-interestt payments . she purchased 4 bonds of Meg Corporation

Abby Sane decided to buy corporate bonds instead of stcok. she desired to have the fixed-interestt payments . she purchased 4 bonds of Meg Corporation 13.00% at 87.00% As the stockbroker for abby assume a $4 commission per bond calculate total cost of purchase annual interest and current yield.

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