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The Approximate Yield to Maturity When the Average Income Is

Question 168

Multiple Choice

The approximate yield to maturity when the average income is $1.00,the average capital gain is $5.00,the average investment is $26.00,and the investment is held for 10 years is


A) 11 percent.
B) 23 percent.
C) 27 percent.
D) 33 percent.
E) 50 percent.

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