Question
Kendrick Campbell purchased a $25,000 municipal bond at a quoted price of 93.456. The bond pays annual interest at a rate of 3.7%. What is
Kendrick Campbell purchased a $25,000 municipal bond at a quoted price of 93.456. The bond pays annual interest at a rate of 3.7%. What is the annual interest?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
