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A $1,000 bond has an annual 9.0% coupon and trades for $870. It has 10 years to maturity. What is the current yield and yield
A $1,000 bond has an annual 9.0% coupon and trades for $870. It has 10 years to maturity. What is the current yield and yield to maturity?
| A. 5.6% yield with a 11.19% yield to maturity. |
| B. 10.34% yield with a 11.19% yield to maturity. |
| C. | 11.05% yield with an 11.98% yield to maturity. |
| D. 10.34% yield with a 11.23% yield to maturity. |
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Financial And Insurance Formulas
Authors: Tomas Cipra
2010th Edition
3790829013, 978-3790829013
