Question: Calculate the current yield on a $1000 face value bond under the following conditions. Assume bond coupons are paid semiannually. Round the answers to 2

Calculate the current yield on a $1000 face value bond under the following conditions. Assume bond coupons are paid semiannually. Round the answers to 2 decimal places Coupon Rate Time Until Maturity Current Market Rate Current Yield 15 years

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