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Note: Round your interest amount answers to 2 decimal places. Enter the current yield answers as a percent rounded to 2 decimal places. Interest Rate 4.50% 4.10% 3.40% Interest Current Amount Market Value $ 1,060 $ 940 $ 1,070 Current Yield % % %

Note: Round your interest amount answers to 2 decimal places. Enter the current yield answers as a percent rounded to 2 decimal places. Interest Rate 4.50% 4.10% 3.40% Interest Current Amount Market Value $ 1,060 $ 940 $ 1,070 Current Yield % % %

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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I am not too sure how to go about calculating and rounding the interest amount and current yield for the following $1,000 bonds:

 

Note: Round your interest amount answers to 2 decimal places. Enter the current yield answers as a percent rounded to 2 decimal places. Interest Rate 4.50% 4.10% 3.40% Interest Current Amount Market Value $ 1,060 $ 940 $ 1,070 Current Yield % % %
Transcribed Image Text:Note: Round your interest amount answers to 2 decimal places. Enter the current yield answers as a percent rounded to 2 decimal places. Interest Rate 4.50% 4.10% 3.40% Interest Current Amount Market Value $ 1,060 $ 940 $ 1,070 Current Yield % % %
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