Mathematics, 09.02.2022 09:00, nathanowens121224

Chester has a par value $500 bond issued byHarris County. The bond pays 7.2% yearly interest, and has a current market rate of98.626. If Harris County bonds had a market rate of 101.760 instead of 98.626, what would be the current yield on Chester's bond?

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Chester has a par value $500 bond issued byHarris County. The bond pays 7.2% yearly interest, and ha...

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