Question: answer as soon as possible What is the yield on a corporate bond with a $1000 face value purchased at a discount price of $850,

answer as soon as possible

answer as soon as possible What is the yield on a

What is the yield on a corporate bond with a $1000 face value purchased at a discount price of $850, if it pays 6% fixed interest for the duration of the bond? yield = [?] % Give your answer as a percent rounded to the nearest hundredth Hint: yield interest paid price paid Enter

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