Consider a 30-year, $1,000 par value, 4.78% semiannual-pay bond that is currently trading at a flat price

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Consider a 30-year, $1,000 par value, 4.78% semiannual-pay bond that is currently trading at a flat price of $957.77. calculate Its current yield.

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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: Jul 21, 2023 01:56 AM

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Consider a 30-year, $1,000 par value, 4.78% semiannual-pay bond that is currently trading at a flat price

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To calculate the current yield of a bond we use the formula Current ... View the full answer

Introduction to Operations Research

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