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Intro Apple has a bond outstanding with an annual coupon rate of 3.7% and a face value of $1,000. The bond matures in 8
Intro Apple has a bond outstanding with an annual coupon rate of 3.7% and a face value of $1,000. The bond matures in 8 years. It currently trades at $915.98. Part 1 Attempt 1/2 for 10 pts. What is this bond's current yield? Enter your answer as a decimal (l.e. enter 0.01 for 1%). 4+ decimals Submit
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Financial statements
Authors: Stephen Barrad
5th Edition
978-007802531, 9780324186383, 032418638X
