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What rate of interest is obatained from ...

What rate of interest is obatained from investing in `(9)1/2` percent stock. When the quoted price is 14 percent above par?

A

`(8)1/3%`

B

`(8)2/3%`

C

`(9)1/3%`

D

data inadequate

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Verified by Experts

The correct Answer is:
A
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