Question: Chapter 12 Financial Planning Exercise 14 Calculating current yield and yield to maturity A 25-year, zero coupon bond was recently quoted at 14.000. Find the

Chapter 12 Financial Planning Exercise 14 Calculating current yield and yield

Chapter 12 Financial Planning Exercise 14 Calculating current yield and yield to maturity A 25-year, zero coupon bond was recently quoted at 14.000. Find the current yield and yield to maturity of this issue, given the bond has a par value of $1,000. (Assume annual compounding for the yield-to-maturity measure.) Round the answers to two decimal places. Do not round intermediate calculations. Leave no cell blank. Be sure to enter "0" wherever required. Current yield % Yield to maturity %

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