Examine the following typical corporate bond listing:

in the name column, nytel is the abbreviated name of the company (new york telephone) issuing the bond. what does the number 7 1/4 represent?

a. interest or coupon rate
b. maturity date of bond
c. current yield of bond
d. the difference in price from the previous close

the answer is A.

Step-by-step explanation: Because the number directly after the abbreviated name is the bond interest or coupon rate

step-by-step explanation:

the original amount doesn't ''re just looking for the time it takes for 1/2 of the substance to we have

(1/2) =)     take the ln   of both sides

ln (1/2)   = )   and we can write

ln(1/2) = ) lne     and lne   = 1     so we have

ln(1/2) = -.1092t     divide both sides by -.1092

t = ln(1/2)/-.1092 = about 6.347 days = about 6.3 days (rounded)

the correct answer is d

hope this