Question
An organization's bonds presently sell for 1250 and have 12 years to maturity. The annual coupon interest payment is 140, and the par value of
An organization's bonds presently sell for 1250 and have 12 years to maturity. The annual coupon interest payment is 140, and the par value of the bonds is 1000. The bonds current yield is equal to what percent?
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
