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6-14. Current Yield with Semiannual Payments A bond that matures in 6 years sells for $1,090. The bond has a face value of $1,000 and
6-14. Current Yield with Semiannual Payments A bond that matures in 6 years sells for $1,090. The bond has a face value of $1,000 and a yield to maturity of 5.2328%. The bond pays coupons semiannually. What is the bond's current yield
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Cases In Auditing
Authors: Josephine Maltby
2nd Edition
1853963127, 978-1853963124
