Question
Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity;
Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850.
Find the current yield of the bond.
| A. | 7.52% | |
| B. | 8.02% | |
| C. | 8.78% | |
| D. | 9.12% | |
| E. | 9.41% |
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Audit Of EPAs Fiscal 2013 And 2012 Consolidated Financial Statements
Authors: U.S. Environmental Protection Agency
1st Edition
1500696218, 978-1500696214
