bestielove276 bestielove276
  • 20-02-2019
  • Business
contestada

A bond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is:

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MrsTriplet MrsTriplet
  • 05-03-2019

The bond's yield is shown as a percentage of the dollar amount that was originally invested.

If a bond was purchased for $950 and sold for $980 and the interest received during the year is $25, then the bond's yield is 5.79%.

The bond yield is the return that an investor receives on a bond. The investor received 5.79% back on the bond from when he first purchased it at $950 and sold it for $980.

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