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Assume you have a bond with a semi-annual interest payment of $50, a par value of $1,000, and a current market price of $770. What
Assume you have a bond with a semi-annual interest payment of $50, a par value of $1,000, and a current market price of $770. What is the current yield of the bond?
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
10th Edition
0030329922, 9780030329920
