Question: County Corp. issued bonds that have 8.5 percent coupon rate. Maturity is 6 years. Price is $1,112. What is the yield to maturity and current

County Corp. issued bonds that have 8.5 percent coupon rate. Maturity is 6 years. Price is $1,112. What is the yield to maturity and current yield?

a. Expected rate of return nothing%. (Round to two decimalplaces.)

b.Current yield nothing%. (Round to two decimalplaces.)

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Answer a The yield to maturity is 85 b The current yield is 81 Y... View full answer

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