Question: current yield A bond has a $1,000 face value and a $1,508.07 market value. The bond pays interest semi-annually, has a yield-to-maturity of 6.00 percent,
A bond has a $1,000 face value and a $1,508.07 market value. The bond pays interest semi-annually, has a yield-to-maturity of 6.00 percent, and matures in 12 years. What is the current yield
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