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A bond is priced in the market at $ 980 and has a coupon of 8 %. Calculate thebond's current yield. Thebond's current yield is
A bond is priced in the market at $980 and has a coupon of 8%. Calculate thebond's current yield.
Thebond's current yield is %. (Round to two decimalplaces.)
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
