In 2 0 2 2 , a customer buys 1 PDQ 1 0 $ 1 0 0 0 par debenture, M 3 7 , at 1 1 5 The interest payment dates are Jan 1 st and Jul 1 st The current yield on the bond is

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In 2 0 2 2 , a customer buys 1 PDQ 1 0 % . $ 1 0 0 0 par debenture, M 3 7

2022,

a customer buys

1

PDQ

10 % .

1000

par debenture, M

37,

115 .

The interest payment dates are Jan

1

st and Jul

1

.

The current yield on the bond is:

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