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Apple has a bond outstanding with an annual coupon rate of 4.1% and a face value of $1000. the bond matures in 8 years. It
Apple has a bond outstanding with an annual coupon rate of 4.1% and a face value of $1000. the bond matures in 8 years. It currently trades at $941.83.
What is the current yield?
Part 2: If the same bond paid interest semiannual, what would be its current yield?
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