Question: I need help solving this problem Use the following bond quotation: Part 1. Attempt 1/10 for 10 pts. If the bond has a face value
Use the following bond quotation: Part 1. Attempt 1/10 for 10 pts. If the bond has a face value of $1,000, how much interest does it pay per year (in \$)? Part 2 Attempt 1/10 for 10 pts. What is the bond's current yield
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