6. Bond Yields. A bond has 10 years until maturity, a coupon rate of 8%, and sells...

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6. Bond Yields. A bond has 10 years until maturity, a coupon rate of 8%, and sells for $1,100.

a. What is the current yield on the bond? (LOI)

b. What is the yield to maturity? (LO2)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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