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A bond matures in 15 years and pays an 8 percent annual coupon. The bond has a face value of $1,000 and currently sells for
- A bond matures in 15 years and pays an 8 percent annual coupon. The bond has a face value of $1,000 and currently sells for $985. What is the bonds current yield and yield to maturity? $
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
6th Edition
978-1506396811, 150639681X
