Question: Use the following Bond Data The Bond has a face value of $1000 and a Coupon Payment of $50 per year. Use the Current Yield

 Use the following Bond Data The Bond has a face value
of $1000 and a Coupon Payment of $50 per year. Use the

Use the following Bond Data The Bond has a face value of $1000 and a Coupon Payment of $50 per year. Use the Current Yield formula for calculations. Show answers to one decimal place ( such as 8.0 or 7.4 ) - What is the initial rate of return for this bond? (\%). - In year 4 the bond sells for $1100. Calculate the current yield of return. (\%). - In year 5 the bond sells for $500. Calculate the current yield of return. (\%). - In year 6 the bond sells for $700. Calculate the current yield of return. Show answers to one decimal place (such as 8.0 or 7.4 ) - What is the initial rate of return for this bond? (\%). - In year 4 the bond sells for $1100. Calculate the current yield of return. (\%). - In year 5 the bond sells for $500. Calculate the current yield of return. (%) - In year 6 the bond sells for $700. Calculate the current yield of return. (\%). - In year 7 the bond sells for $900. Calculate the current yield of return. (\%)

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