Question 6 What is the current yield and the effective annual yield of the bond with...
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Question 6 What is the current yield and the effective annual yield of the bond with the following characteristics? 6.4% 2 Annual coupon rate Coupons per year Face value YTM Bond Market Price $100 7.42% $90 2 pts O Current Yield-6.99 % ; Effective annual yield-7.87% O Current Yield-7.87%; Effective annual yield-6.99% O Current Yield-7.11% ; Effective annual yield-7.55% Current Yield-7.55%; Effective annual yield-7.11% 2 Question 6 What is the current yield and the effective annual yield of the bond with the following characteristics? 6.4% 2 Annual coupon rate Coupons per year Face value YTM Bond Market Price $100 7.42% $90 2 pts O Current Yield-6.99 % ; Effective annual yield-7.87% O Current Yield-7.87%; Effective annual yield-6.99% O Current Yield-7.11% ; Effective annual yield-7.55% Current Yield-7.55%; Effective annual yield-7.11% 2
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