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A 10 year to maturity $1000 bond sold for $450 and pays $50 in coupons for the year. What is the (1) coupon yield, and
A 10 year to maturity $1000 bond sold for $450 and pays $50 in coupons for the year. What is the (1) coupon yield, and (2) the current yield?
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Investments
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
6th Edition
8120321014, 978-8120321014
