A bond has the face value of $1,000 and quoted price of 101.146. If the bonds coupon

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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 answer-question

Stats Data And Models

ISBN: 662

4th Edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

Posted Date: Jul 12, 2024 01:03 PM

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A bond has the face value of $1,000 and quoted price of 101.146. If the bonds coupon

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Stats Data And Models

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