Jordan bought a $1,000 par value bond with a 9% coupon rate. She paid a premium of

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Jordan bought a $1,000 par value bond with a 9% coupon rate. She paid a premium of $182.15 for the bond. Interest will be paid semiannually. What is the current yield on this investment?

Posted Date: Jun 06, 2024 02:08 PM

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Jordan bought a $1,000 par value bond with a 9% coupon rate. She paid a premium of

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