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A bond that pays interest semiannually has a price of $965.18 and a semiannual coupon payment of $29.00. If the par value is $1,000, what
A bond that pays interest semiannually has a price of $965.18 and a semiannual coupon payment of $29.00. If the par value is $1,000, what is the current yield?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
