You purchased a 5,000 bond for 5,100.The bond pays 200/yr.It is redeemable for 5,050 after 10yrs.What is

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You purchased a 5,000 bond for 5,100.The bond pays 200/yr.It is redeemable for 5,050 after 10yrs.What is the rate of interest on your investment?

Posted Date: May 18, 2024 09:04 PM

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You purchased a 5,000 bond for 5,100.The bond pays 200/yr.It is redeemable for 5,050 after 10yrs.What is

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