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A $1000 par value bond is selling at $980. Its CPN rate is 6%. It has 8 years left in its maturity. Payments are annual.
A $1000 par value bond is selling at $980. Its CPN rate is 6%. It has 8 years left in its maturity. Payments are annual.
- What is its current yield?
- What is its YTM?
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Management Of Islamic Finance
Authors: M. Kabir Hassan, Mamunur Rashid
1st Edition
1787564045, 978-1787564046
