Assume you have a bond with a semi-annual interest payment of $60, a par value of $1,000,

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Assume you have a bond with a semi-annual interest payment of $60, a par value of $1,000, and a current market price of $920. What is the current yield of the bond?

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Foundations of Finance The Logic and Practice of Financial Management

ISBN: 978-0132994873

8th edition

Authors: Arthur J. Keown, John D. Martin, J. William Petty

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Posted Date: Mar 01, 2024 12:16 AM

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Assume you have a bond with a semi-annual interest payment of $60, a par value of $1,000,

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The current yield of the bond is 1304 Heres how to calc... View the full answer

Foundations of Finance The Logic and Practice of Financial Management

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