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A bond has a face value of $1,000, a coupon rate of 8%, and 14 years to maturity. If the bond is selling for $1,035
A bond has a face value of $1,000, a coupon rate of 8%, and 14 years to maturity. If the bond is selling for $1,035 today, what is the current yield of the bond
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International Financial Management
Authors: Jeff Madura
10th Edition
1439038333, 9781439038338
