A bond has the face value of $1,000 and quoted price of 101.146. If the bonds coupon
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Question:
A bond has the face value of $1,000 and quoted price of 101.146. If the bonds coupon rate is 8.2%, what is this bonds current yield?
A.) 8.31%
B.) 8.09%
C.) 8.11%
D.) 7.43%
Related Book For
Stats Data And Models
ISBN: 662
4th Edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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