maltomare4323 maltomare4323

05-01-2024
Business

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Hillside issues $2,000,000 of 6%, 15-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. What is the annual yield?

a. 3%
b. 6%
c. 12%
d. 15%

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