# Math

Loretta Scholten buys nine bonds of Leo Co. 7 ¼ 16 at 103.375. The commission is \$3.00 per bond. The current yield to the nearest tenth of a percent is:
7.0%
7.1%
7.2%
7.3%
None of these

1. 0
2. 35
1. 7.3%

1. 0
posted by sha

## Similar Questions

On May 1, Emerson Fast bought 10 Manitoba On May 1, Emerson Fast bought 10 Manitoba Polar bonds with a coupon rate of 7.875%. The purchase price was \$101. 375, and the commission was \$8 per bond. Manitoba Polar bonds pay interest
2. ### Math

Loretta's age now is twice John's age five years ago. In three years the sum of John's and Loretta's ages will be 50. How old are Loretta and John today?
3. ### math

Every four years the value of a Chevy Cabalier is reduced by half. Purchase price \$15,375 After t years of ownership: Age of car: Value: 0 15,375 4 7,687.50 8 3,843.75 If P is price after t years, Which would be a good model for
4. ### accounting

Bonds Payable has a balance of \$900,000 and Premium on Bonds Payable has a balance of \$10,000. If the issuing corporation redeems the bonds at 103, what is the amount of gain or loss on redemption?
5. ### accounting

Bonds Payable has a balance of \$900,000 and Premium on Bonds Payable has a balance of \$10,000. If the issuing corporation redeems the bonds at 103, what is the amount of gain or loss on redemption?
6. ### Math

At the National Zoo, 12 out of 25 exhibits contain a mammal. Assuming that there are 375 exhibits, how many many are mammals? A) 11 B) 32 C) 132 D) 300 Here is what I am doing: 12/25 = x/375 375 * (12/25) = (x/375) * 375 180 = x
7. ### Algebra 1- Just one question

Rebecca is shopping for back-to-school clothes. For every 4 shirts she buys, she also buys 1 pair of pants. Each shirt costs \$12.97, and each pair of pants costs \$18.98. If Rebecca buys 8 shirts, how much does she spend on pants?
8. ### Accounts

The following details relates to the two machines X and Y: Machine X Machine Y Cost Estimated Life Estimated salvage value Working Capital required in the beginning Rs. 56,125 Rs.56,125 5 years 5 years Rs. 3,000 Rs. 3,000
9. ### Chemistry

How many pi bonds and sigma bonds are in ritalin molecule? I counted 4 pi bonds and 18 sigma bonds is that correct? I know double bonds are pi bonds and single bonds are pi bonds
10. ### accounting

On January 1, 2004, \$100,000,000 in 7.5%, 10-year callable bonds were issued at 96.64% to yield an effective rate of 8.0%. Callable at 103; interest paid annually on January1. If the bonds are called on April 1, 2006, what are the

More Similar Questions