Question: Consider the table given below to answer the following question. a. What is the current yield of the 1.375%2020 maturity bond? (Do not round intermediate
Consider the table given below to answer the following question. a. What is the current yield of the 1.375%2020 maturity bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. "The current yield is less than the yield to maturity whenever the bond price is greater than the face value." State whether the statement is true or false? True False
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