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A corporate bond is quoted at a price of 99.48% of par with a 8.5% coupon. The bond pays interest semiannually. What is the current
A corporate bond is quoted at a price of 99.48% of par with a 8.5% coupon. The bond pays interest semiannually.
What is the current yield on one of these bonds?
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
