# Fred Salmon purchased seven $1,000 bonds at 83. The bonds pay 6.5%. What was the cost of the bonds? A. $7,000 B. $5,810 C. $830 What was the total annual interest? A. $65 B. $455 C. $377.65 What is the yield? A. 7.8% B. 7.1% C. 6.5%

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