Use the following information to calculate the bond's current yield. Enter your answer as a number rounded

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Use the following information to calculate the bond's current yield. Enter your answer as a number rounded to three decimal places, not in percent, e.g., if the answer is 4.252%, enter 4.252.

Price: 104.469

Par Value: 100.000

Coupon Rate: 3.825% (annual pay)

Maturity: 6 years

Related Book For answer-question

Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Posted Date: Mar 22, 2023 01:10 AM

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Use the following information to calculate the bond's current yield. Enter your answer as a number rounded

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Step 11 Current yield is a measure of a bonds annual return b... View the full answer

Financial Accounting A Critical Approach

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