Perry Inc.'s bonds currently sell for $1,070. They have a 6-year maturity, an annual coupon of...
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Perry Inc.'s bonds currently sell for $1,070. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield? Select the correct answer. a. 7.94% b. 9.54% c. 8.74% d. 8.34% e. 9.14% Perry Inc.'s bonds currently sell for $1,070. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield? Select the correct answer. a. 7.94% b. 9.54% c. 8.74% d. 8.34% e. 9.14%
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