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A bond pays semi-annual coupons of $50. What is the Current Yield of a bond selling for $900 with a Face Value of $1,000? 11.1%
A bond pays semi-annual coupons of $50. What is the Current Yield of a bond selling for $900 with a Face Value of $1,000?
| 11.1% | ||
| 12.84% | ||
| 10% | ||
| 9.73% |
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
