Suppose you paid $943.01. For a corporate bond that has a 13.41% coupon rate. What is the

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Suppose you paid $943.01. For a corporate bond that has a 13.41% coupon rate.

What is the current yield? Assume that the par value of the bond is $1,000.

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Jun 26, 2023 12:25 AM

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Suppose you paid $943.01. For a corporate bond that has a 13.41% coupon rate. What is the

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To calculate the current yield of a bond you need to divide the annual in... View the full answer

Personal Finance

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