Question
A bond matures in 11 years and with a coupon rate of 8.1 percent. Coupons are paid semi-annually. The bond has a face value of
A bond matures in 11 years and with a coupon rate of 8.1 percent. Coupons are paid semi-annually. The bond has a face value of $1,000 and currently sells for $915.8. What is the bonds current yield (enter answer as a percentage)?
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The Amazon Fba Guide
Authors: Nina Klose
1st Edition
1676841423, 978-1676841425
