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Posted on Jul 26, 2024

a firm ABC inc, issues a $ 1 0 0 par - value bond. The bond pays semiannual coupons. THe current price is 9 9

a firm ABC inc, issues a $

100

par

-

value bond. The bond pays semiannual coupons. THe current price is

99.56

and the coupon rate of the bond is

10 % .

what is the current yield of the bond

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