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A $1,000 face value bond purchased for $1100.00, with an annual coupon of $50, and 20 years to maturity has a: Question options: a current
A $1,000 face value bond purchased for $1100.00, with an annual coupon of $50, and 20 years to maturity has a:
Question options:
| a current yield equal to 6.22%. |
| a current yield equal to 4.55%. |
| a coupon rate equal to 5.00%. |
| a yield to maturity and current yield equal to 6.00%. |
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