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Apple has a bond outstanding with an annual coupon rate of 3.8% and a face value of $1,000. The bond matures in 15 years. It
Apple has a bond outstanding with an annual coupon rate of 3.8% and a face value of $1,000. The bond matures in 15 years. It currently trades at $875.44. Attempt 1/5 for 10 pts. Part 1 What is the current yield? 3+ decimals Submit Attempt 1/5 for 10 pts. Part 2 If the same bond paid interest semiannually, what would be its current yield? 3+ decimals Submit
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