Multiple Choice
Realised yield: Five years ago, Shirley Harper bought a 10-year bond that pays 8 percent semiannually for $981.10. Today, she sold it for $1,067.22. What is the realised yield on her investment? (Round to the nearest percent.)
A) 7%
B) 8%
C) 9%
D) 10%
Correct Answer:
Verified
Correct Answer:
Verified
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