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Loretta Scholten buys nine bonds of Leo Co. 7 16 at 103.375. The commission is $3.00 per bond. The current yield to the nearest tenth

Loretta Scholten buys nine bonds of Leo Co. 7 16 at 103.375. The commission is $3.00 per bond. The current yield to the nearest tenth of a percent is:

7.0%

7.1%

7.2%

7.3%

None of these

Business Math 149

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