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A bond has a coupon rate of 9%, pays annual coupons, has 9 years to maturity and has a yield to maturity of 8.2%. What
A bond has a coupon rate of 9%, pays annual coupons, has 9 years to maturity and has a yield to maturity of 8.2%. What is the current yield?
Select one:
a. 8.2% b. 9% c. 8.6% d. 10.2%
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
