[Solved] 4. Blackwell bonds have a face value of $

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4. Blackwell bonds have a face value of $1.000 and are currently quoted at 975. The coupon rate of the bonds is 8 percent. What

4. Blackwell bonds have a face value of $1.000 and are currently quoted at 975. The coupon rate of the bonds is 8 percent. What is the current yield of these bonds? (10p)

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