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A bond matures in 5 years and pays a 6.00% annual coupon. The bond has a face value of $1,000 and currently sells for $1,020.
A bond matures in 5 years and pays a 6.00% annual coupon. The bond has a face value of $1,000 and currently sells for $1,020. What is the bonds current yield?
what is the yield to maturity of the bond ?
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Finance For IT Decision Makers
Authors: Michael Blackstaff
1st Edition
3540762329, 978-3540762324
