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If a 7.25% coupon bond is trading for $982.00, it has a current yield of _______%. a. 7.38 b. 6.53 c. 7.25 d. 8.53 e.
If a 7.25% coupon bond is trading for $982.00, it has a current yield of _______%.
a. 7.38 b. 6.53 c. 7.25 d. 8.53 e. 7.18
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
