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A 7.9% coupon bond with 16 years to maturity and a par value of $1,000 is currently selling for $1,044.79. What is the bond's current
A 7.9% coupon bond with 16 years to maturity and a par value of $1,000 is currently selling for $1,044.79. What is the bond's current yield? Submit your final answer as a percentage rounded to two decimal places.
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The Home Buyers Check List
Authors: Phillip Adler ,Tammie Adler
1st Edition
B0C7J7BP9G
