Question: A BCE bond has 12 years until maturity and a coupon rate of 8.2% payable annually, and sells for $1,080. Face value of the bond

A BCE bond has 12 years until maturity and a coupon rate of 8.2% payable annually, and sells for $1,080. Face value of the bond is $1,000. a. What is the current yleld on the bond? (Round your answer to 2 decimal places.) current yield b. What is the yield to maturity? (Round your answer to 2 decimal places.)

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