The Approximate Yield to Maturity When the Average Income Is

question 60

Multiple Choice

The approximate yield to maturity when the average income is $3.00,the average capital gain is $6.00,the average investment is $27.00,and the investment is held for 3 years is

• A) 11 percent.
• B) 33 percent.
• C) 27 percent.
• D) 21 percent.
• E) 50 percent.

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