Question
A $1,000 par value bond with a 8.46 percent coupon rate, currently selling for $1,121, has a current yield of ______. Round the answer to
A $1,000 par value bond with a 8.46 percent coupon rate, currently selling for $1,121, has a current yield of ______.
Round the answer to two decimal places in percentage form. (write the percentage sign in the answer)
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
