devkage devkage

08-05-2017
Mathematics

contestada

Amy purchased a five-year $5,250 bond below par value for $4,675 with a coupon of 3.5%. What was her yield?
3.9%
3.8%
3.5%
3.1%
Tell me WHY you got it.

Respuesta :

dakotareinig dakotareinig

19-03-2019

Answer:

3.9%

Step-by-step explanation:

All I know is I got it wrong from the other answer, and it says 3.9% is the right answer.

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