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A 9%, semiannually, 20-years bond issued 6 year ago is currently priced in the market at RM960. Determine the current yield.
A 9%, semiannually, 20-years bond issued 6 year ago is currently priced in the market at RM960.
Determine the current yield.
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Foundations Of Financial Management
Authors: Stanley B Block, Geoffrey A Hirt
12th Edition
0073295817, 9780073295817
