Question
A bond has a face value of $1 comma 200 and a 10% coupon rate, its current price is $1 comma 140, and it is
A bond has a face value of $1 comma 200 and a 10% coupon rate, its current price is $1 comma 140, and it is expected to increase to $1 comma 170 next year. QUESTION-- The current yield is (BLANK)%. (Enter your response rounded to one decimal place.)
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
