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in Financial Mathematics by (47.8k points)
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The Income on 7 % stock at 80 is: 

(a) 9% 

(b) 8.75% 

(c) 8% 

(d) 7%

1 Answer

+1 vote
by (47.4k points)
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Best answer

(b) 8.75%

Income = \(\frac{7}{80}\) x 100 

= 0.0875 x 100 

= 8.75%

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