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A 20-year bond with a face value of $1,000 pays a regular coupon of $90 annually. It still has 15 years until maturity. The current
- A 20-year bond with a face value of $1,000 pays a regular coupon of $90 annually. It still has 15 years until maturity. The current price of the bond is trading at $900. What is the bond's current yield? a. 9%
- b. 10%
- c. 90%
- d. 111.11%
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
