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A bond currently sells for $1,075. It has an 9 years to maturity, an annual coupon of 8.7%, paid semi-annual, and a par value of
| A bond currently sells for $1,075. It has an 9 years to maturity, an annual coupon of 8.7%, paid semi-annual, and a par value of $1,000. What is its yield to maturity? What is its current yield? | ||||||
| Years to Maturity | 9 | |||||
| Annual Payment | $87.00 | |||||
| Current price | $1,075.00 | |||||
| Par value = FV | $1,000.00 | |||||
| Going rate, rd =YTM: | 7.523% | |||||
| Annual Payment | ||||||
| Current price | ||||||
| Current yield: | ||||||
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Which Crypto Currency Should I Buy Make Finding And Investing In New Crypto Currencies Fun Easy And Profitable
Authors: Lisa Phillips
1st Edition
1732644586, 978-1732644588
