Question
G Corporation has a bond outstanding.It has a coupon rate of 9.0 percent and a $1000 par value.The bond has 10 years left to maturity.The
G Corporation has a bond outstanding.It has a coupon rate of 9.0 percent and a $1000 par value.The bond has 10 years left to maturity.The bond is selling for $822.The current yield (not yield to maturity) on this bond is?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
