Question: 10 points Save Answer Field Industries' outstanding bonds have a 25-year maturity and $1,000 par value. Their nominal yield to maturity is 9.00%, they pay

 10 points Save Answer Field Industries' outstanding bonds have a 25-year

10 points Save Answer Field Industries' outstanding bonds have a 25-year maturity and $1,000 par value. Their nominal yield to maturity is 9.00%, they pay interest semiannually, and they sell at a price of $850. What is the bond's nominal (annual) current yield

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