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A bond has a $1,000 par value and pays a coupon of 7.25% per year, semiannually. If the bonds price is $974.38, what is its
A bond has a $1,000 par value and pays a coupon of 7.25% per year, semiannually. If the bonds price is $974.38, what is its current yield?
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
