Sandra owns a bond issued by animite energy with a par value of $1,000. the bond pays 7.6% interest yearly and had a market rate of 93.411 when sandra bought it. if the current market rate of animite energy bonds is 102.382, what is the current yield on sandra’s bond?

a.

0.076

b.

0.074

c.

0.081

d.

0.089

(C)            

Step-by-step explanation:

Face value = $1000

Yearly interest = 7.6% or 0.076

Market price (current price) = $93.411

Current yield =

Annual interest = 0.076×1000

                          = $76

Current yield =

                      = 0.081

Hence, option (C) is correct.

42%

step-by-step explanation:

we know,

total people = 60

total males = 25

percentage of males

= 25/60 × 100

= 25/6 × 10

= 25/3 × 5

= 125 / 3

= 41.

rounding of = 42%

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