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Carrie s Clothes Inc has a five year bond outstanding that pays

Carrie's Clothes, Inc. has a five-year bond outstanding that pays $60 annually. The face value of each bond is $1,000, and the bond sells for $890.

a. What is the bond's coupon rate?

b. What is the current yield?

c. What is the yield to maturity?

a. What is the bond's coupon rate?

b. What is the current yield?

c. What is the yield to maturity?

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