Question: A 25-year, zero coupon bonds was recently quoted at 6.500. Find the current yield and yield to maturity of this issue, given the bond has
A 25-year, zero coupon bonds was recently quoted at 6.500. Find the current yield and yield to maturity of this issue, given the bond has a par value of $1,000. (Assume annual compounding for the yield to maturity measure.)
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