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Mathematics, 16.08.2021 18:00 phil820
Your current CD matures in a few days. You would like to find an investment with a higher rate of return than the CD. Stocks historically have a rate of return between 10% and 12%, but you do not like the risk involved. You have been looking at bond listings in the newspaper. A friend wants you to look at the following corporate bonds as a possible investment. If you buy three of the ABC bonds with $10 commission for each, how much will it cost? a. $3142.50 b. $1047.50 c. $3172.50 d. $1077.50
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Your current CD matures in a few days. You would like to find an investment with a higher rate of re...
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