Question

WILL MEDAL + FAN
A $1,000 TR Global bond at 80.5 pays 6% interest. Find the annual yield.

22.35%
6.5%
5.00%
7.45%

Answer 1

@Serenity74

Answer 2

No idea. Word problems aren't my strength if you gimme da formula I could figure it out for you?

Answer 3

Bond Cost = Face Value × Percent
Annual Interest = Face Value × Interest Rate
Annual Yield = Annual Interest
Bond Cost

Answer 4

The last one is Annual Interest over Bond Cost

Answer 5

Econ meh

Answer 6

Business math.... Either way it's stupid

Answer 7

I think it's 1000 * 6.0 = something
something * 80.5 = annual yield

I think this is it???? Not so sure?

Answer 8

I tried, I am sorry if it didn't help you whatsoever :(

Answer 9

No.. the answer is supposed to be a percent