Question: without excel without excel A Moving to another question will save this response. Question 21 What will be the current yield on a $1,000 par

without excel

A Moving to another question will save this response. Question 21 What will be the current yield on a $1,000 par value bond with 10% annual coupon rate, which is trading at market price of $724? Please write the answer in 2 decimal places

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