A bond currently sells for $850. It has an 8-year maturity, an annual coupon of $80, and
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A bond currently sells for $850. It has an 8-year maturity, an annual coupon of $80, and a par value of $1,000. What is its yield to maturity? (10.90%) What is its current yield? (9.41%)
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Related Book For
Intermediate Financial Management
ISBN: 9781337395083
13th Edition
Authors: Eugene F. Brigham, Phillip R. Daves
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