Question
Calculate the current yield on the described bond. A $2000 Treasury bond with a coupon rate of 6.0% that has a market value of $1900
Calculate the current yield on the described bond.
A $2000 Treasury bond with a coupon rate of 6.0% that has a market value of $1900
The current yield is _____%.
(Round to two decimal places as needed.)
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
