Question: I am really confused with this problem. Can someone please help me solve this problem? Gray House is issuing bonds paying $95 annually that will
I am really confused with this problem. Can someone please help me solve this problem?

Gray House is issuing bonds paying $95 annually that will mature 15 years from today. The bond is currently selling for $980. Calculate: a) Coupon rate b) Current yield c) Approximate yield to maturity
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