A $1,000 par value bond is currently valued at $1,050. The bond pays interest semi-annually, has 9
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- A $1,000 par value bond is currently valued at $1,050. The bond pays interest semi-annually, has 9 years to maturity, and has a yield to maturity of 7.72 percent. What is the coupon rate and the current yield?
Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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