Chester has a par value $500 bond issued by harris county. the bond pays 6.2% yearly interest, and has a current market rate of 98.626. if
harris county bonds had a market rate of 101.760 when chester bought it, what is the current yield on chester's bond?
a. 0.061
b. 0.062
c. 0.063
d 0.031

The answer is A - 0.061. Just had a test.

Step-by-step explanation:

for finding the midpoint of any given 2 pair of points simply add the respective x coordinates with other x coordinate and the y coordinate with other y coordinate and divide them by 2

in your question it will be :

(3+1)/2 for the x coordinate of mid point i.e 2

[8+(-4)]/2 for the y coordinate of midpoint i.e 2

so coordinates of mid point of points (3,8) and (1,-4) will be (2,2)

its electric no smoke

step-by-step explanation: