A 20 year bond with a face value of $1,000 pays a regular coupon of $90 annually It still has 15 years until maturity The current price of the bond is trading at $900 What is the bond 's current yield a 9 b 10 c 90 d 111 11 ...

The bonds current yield is calculated by dividing t ...

A 20-year bond with a face value of $1,000 pays a regular coupon of $90 annually. It

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A 20-year bond with a face value of $1,000 pays a regular coupon of $90 annually. It still has 15 years until maturity. The current price of the bond is trading at $900. What is the bond's current yield? a. 9%
b. 10%
c. 90%
d. 111.11%

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Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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Posted Date: Nov 02, 2023 09:29 AM

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A 20-year bond with a face value of $1,000 pays a regular coupon of $90 annually. It

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