Question: plz help ! 2. What is the approximate current yield of a 7% coupon rate maturing in 3 years at each of the following prices?
plz help !
2. What is the approximate current yield of a 7% coupon rate maturing in 3 years at each of the following prices? a. What is the relationship between coupon rate and yield to maturity? Explain. b. What is the relationship between price and yield? Explain
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