Question: (1 point) Determine the yield rate j2 using the method of averages. Face Value Redemption at Bond Interest Years to Redemption Purchase Price 7000 98

(1 point) Determine the yield rate j2 using the method of averages.

Face Value Redemption at Bond Interest Years to Redemption Purchase Price

7000 98 j2 = 6% 10 7175

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