Asked by Edith Jimenez on Jun 20, 2024

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Compute the dollar amount of interest that will be earned per year for a bond listed as Marr8 ⅜s17 and a bond listed as Pudt 8-⅞s09.

Dollar Amount

A numerical monetary value denoted in the currency of the United States.

Interest Earned

The total amount of interest received by a person or entity on investments over a specific period of time.

  • Master the technique to compute the interest earned per annum from bonds.
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NV
Nikolas VellingerJun 22, 2024
Final Answer :
$172.50