Question: QUESTION 1 8 points Save Answer You are considering a 20 year, $1,000 face (par) value bond with pays interest semi-annually. What is the current

QUESTION 1 8 points Save Answer You are considering a 20

QUESTION 1 8 points Save Answer You are considering a 20 year, $1,000 face (par) value bond with pays interest semi-annually. What is the current yield to maturity on the bond if the bond is selling for $828.41? (State answer in annual percentage rate.) 10 percent annual coupon. The bond End or Bgn mode cy py = N FV PMT PV IY

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