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A bond is trading for $1355 with a coupon rate of 3% compounded annually. Calculate the current yield.The bond has a maturity value of $1100.
A bond is trading for $1355 with a coupon rate of 3% compounded annually. Calculate the current yield.The bond has a maturity value of $1100.
2.4%
1.5%
1.2%
3.0%
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