Question: A bond with no expiration date has a face value of $ 1 0 . 0 0 0 and pays a fixed 1 0 percent

A bond with no expiration date has a face value of $10.000 and pays a fixed 10 percent interest. If the market price of the bond ises to $11,000, the annual yield approximately equals
Multiple Cholce
8 percent.
11 percent.
10 percent.
9 percent.
A bond with no expiration date has a face value

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