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A R1000 face value bond purchased for R965.00, with an annual coupon of R60, and 20 years to maturity has a _________________. 1. current yield
A R1000 face value bond purchased for R965.00, with an annual coupon of R60, and 20 years to maturity has a _________________. 1. current yield equal to 6.22%. 2. current yield equal to 6.00%. 3. coupon rate equal to 6.22%. 4. yield to maturity and current yield equal to 6.00%.
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