Question
A $200 coupon bond sells for $160 and pays $10 per year. Calculate its current yield, carefully following all mathematical instructions. Enter your answer as
A $200 coupon bond sells for $160 and pays $10 per year. Calculate its current yield, carefully following all mathematical instructions. Enter your answer "as a percent, but without the percentage sign."
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Financial Statement Analysis
Authors: Charles H. Gibson
13th International Edition
1133189407, 9781133189404
