P11.6 A bond is priced in the market at $1150 and has a coupon of 8%. Calculate

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P11.6 A bond is priced in the market at $1150 and has a coupon of 8%. Calculate the bond’s current yield.

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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