Question: QUESTION 1 . Today, a bond has a coupon rate of 1 2 . 2 % , par value of $ 1 0 0 0
QUESTION Today, a bond has a coupon rate of par value of $ YTM of and semiannual coupons with the next coupon due in months. One year ago, the bond's price was $ and the bond had years until maturity. What is the current yield of the bond today? A rate equal to or greater than but less than A rate equal to or greater than but less than A rate equal to or greater than but less than A rate equal to or greater than but less than A rate less than or a rate greater than
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