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A 15-year bond was issued 2 years ago. The bond pays semiannual coupon payments with an annual coupon rate of 7.0%. The face value is
A 15-year bond was issued 2 years ago. The bond pays semiannual coupon payments with an annual coupon rate of 7.0%. The face value is $1,000. The bond has a nominal yield to maturity of 8%. What is the current yield of the bond today? 7.61% 7.80% 8.20% 8.43%
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Day Trading Strategies And Risk Management
Authors: Richard N. Williams
1st Edition
979-8863610528
