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Company B has a bond outstanding that pays an 8% coupon. The interest is paid semi-annually, and the bond matures in 10 years. Company B's
Company B has a bond outstanding that pays an 8% coupon. The interest is paid semi-annually, and the bond matures in 10 years. Company B's bond is selling at $980, what is its current yield?
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
