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Company 'A' issues a bond at $1,000 and offers a payment of $50/year every year for 3 years. If the current market value of the
Company 'A' issues a bond at $1,000 and offers a payment of $50/year every year for 3 years. If the current market value of the bond is $935, what is the current yield?
Question 10 options:
5.35% | |
5% | |
5.5% | |
6.5% |
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