Answer :
below are the choices that can be found from other sources:
A. 4%
B. 7%
C. 8%
D. 3.5%
E: 8.75%
Below is the solution;
Current yield = Annual interest amount/Current price —t 70/800 = .0875 = 8.75%.
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A. 4%
B. 7%
C. 8%
D. 3.5%
E: 8.75%
Below is the solution;
Current yield = Annual interest amount/Current price —t 70/800 = .0875 = 8.75%.
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.