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A 30-year corporate bond has 8 years until maturity and yields 8.2% annually as a return. The bond closed at a price = $979 and
A 30-year corporate bond has 8 years until maturity and yields 8.2% annually as a return. The bond closed at a price = $979 and has a typical face value of $1,000. what is the current yield of this bond?
please complete this problem in excel.
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