County Corp. issued bonds that have 8.5 percent coupon rate. Maturity is 6 years. Price is $1,112.
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Question:
County Corp. issued bonds that have 8.5 percent coupon rate. Maturity is 6 years. Price is $1,112. What is the yield to maturity and current yield?
a. Expected rate of return nothing%. (Round to two decimalplaces.)
b.Current yield nothing%. (Round to two decimalplaces.)
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-0078110931
16th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
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