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Question 41 (1 point) The city of Savannah is issuing a bond to cover the cost of its new Arena. The bond's interest rate is

Question 41 (1 point) The city of Savannah is issuing a bond to cover the cost of its new Arena. The bond's interest rate is 5% and the yield is 7%. What is the cost of the bond to Savannah? 5% Not enough information to answer the question 7%

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