A bond has a yield to maturity of 9.38%, a coupon of 7.5% paid semiannually, a $1,000
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A bond has a yield to maturity of 9.38%, a coupon of 7.5% paid semiannually, a $1,000 face value, and maturity date 21 years from today. What is the current yield?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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