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    Practical Business Math Procedures Study Set 2
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    Exam 21: Stocks, Bonds, and Mutual Funds
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    A Bond Closed at 102
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A Bond Closed at 102

Question 59

Question 59

Multiple Choice

A bond closed at 102.25. The current yield is 10.4%. The annual interest is:


A) $102.90
B) $106.34
C) $105.80
D) $104.60
E) None of these

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