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Last year a certain bond yielded \(5\) percent of its face value in interest. If that interest was approximately \(4\) percent of the bond's selling price of \(\$7,500,\) what is the bond's face value?
(A) \(\$6,000\)
(B) \(\$6,750\)
(C) \(\$7,425\)
(D) \(\$7,500\)
(E) \(\$9,375\)
Answer: A
Source: GMAT Prep
(A) \(\$6,000\)
(B) \(\$6,750\)
(C) \(\$7,425\)
(D) \(\$7,500\)
(E) \(\$9,375\)
Answer: A
Source: GMAT Prep
