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If a 9% annual bond matures after ten years, and costs $1,100, the current yield is a. 8.2% b. 8.6% c. 8.9% d. 9.2% e.
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If a 9% annual bond matures after ten years, and costs $1,100, the current yield is
| a. 8.2% | ||
| b. 8.6% | ||
| c. 8.9% | ||
| d. 9.2% | ||
| e. 10% |
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
5th Edition
0324305508, 9780324305500
