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A bond has a quoted price of 90.52% of par value. It has a face value of $1000, a semi-annual coupon of $30, and a
A bond has a quoted price of 90.52% of par value. It has a face value of $1000, a semi-annual coupon of $30, and a maturity of five years. What is the yield to maturity? What is the current yield?
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Financial Management
Authors: Rajiv Srivastava, Anil Misra
2nd Edition
0198072074, 9780198072072
