Suppose a bond pays interest of $40 per year and its price is $600. What is the

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Suppose a bond pays interest of $40 per year and its price is $600. What is the interest rate on the bond? If the price rises to $800, what now is the bond's interest rate?

Posted Date: Jun 12, 2024 10:09 PM

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Suppose a bond pays interest of $40 per year and its price is $600. What is the

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