QUESTION 15 A bond has a par value of $1,000, a coupon rate of 9% and...
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QUESTION 15 A bond has a par value of $1,000, a coupon rate of 9% and a sales price of $942. What is the bond's current yield? 6.42% 7.33% 8.48% 9.56% 10.64% QUESTION 15 A bond has a par value of $1,000, a coupon rate of 9% and a sales price of $942. What is the bond's current yield? 6.42% 7.33% 8.48% 9.56% 10.64%
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