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Consider a 30-year, $1,000 par value, 4.78% semiannual-pay bond that is currently trading at a flat price of $957.77. calculate Its current yield.
Consider a 30-year, $1,000 par value, 4.78% semiannual-pay bond that is currently trading at a flat price of $957.77. calculate Its current yield.
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To calculate the current yield of a bond we use the formula Current ...
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
