The Approximate Yield to Maturity When the Average Income Is

question 168

Multiple Choice

The approximate yield to maturity when the average income is $1.00,the average capital gain is $5.00,the average investment is $26.00,and the investment is held for 10 years is

• A) 11 percent.
• B) 23 percent.
• C) 27 percent.
• D) 33 percent.
• E) 50 percent.

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