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1 . Consider two $ 1 0 , 0 0 0 face - value corporate bonds.One is currently selling for $ 9 , 9 8
Consider two $ facevalue corporate bonds.One is currently selling for $ and matures in years. The other bond sells for $ and matures in years. Calculate the current yield for both bonds if both have a coupon rate equal to Which current yield is a better approximation of the vield to maturity? Assume a yearly coupon payment.
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