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Mathematics, 15.07.2019 00:40 kitkat033157

Cheryl wants to purchase a par value $500 bond from agram imports. agram imports bonds have a market rate of 102.114 and offer 8.1% interest. if cheryl’s broker charges a commission of 2.5% of the market value of each bond sold, what is the current yield on cheryl’s bond? a. 0.077 b. 0.078 c. 0.081 d. 0.040

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Cheryl wants to purchase a par value $500 bond from agram imports. agram imports bonds have a market...

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