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Posted on Jul 25, 2024

A bond with $ 1 0 0 0 par value has 1 7 years left to maturity has a coupon rate of 1 2 %

A bond with $

1000

par value has

17

years left to maturity has a coupon rate of

12 %

with semi annual coupon payments the yield to maturity is

10 %

what is the current yield

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