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For the following bonds, find a) the interest, b) the cost of the bond, and c) the annual yield. 1. A $1,000 GE Global
For the following bonds, find a) the interest, b) the cost of the bond, and c) the annual yield. 1. A $1,000 GE Global bond at 80.5 that pays 6% interest 2. A $10,000 California Municipal bond at 102.5 that pays 5% interest.
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