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( Expected rate of return and current yield ) Time Warner has bonds that are selling for $ 1 , 2 1 0 . The
Expected rate of return and current yield Time Warner has bonds that are selling for $ The coupon interest rate on the bonds is percent and they mature in years. What is the yield to maturity on the bonds? What is the current yield?
a The yield to maturity on the bond is Round to two decimal places.
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