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Jupiter Enterprises' bonds currently sell for $950. They have a 16-year maturity and an annual coupon of $50. What is their current yield? 4.27% 5.88%
Jupiter Enterprises' bonds currently sell for $950. They have a 16-year maturity and an annual coupon of $50. What is their current yield?
| 4.27% | ||
| 5.88% | ||
| 7.50% | ||
| 5.68% | ||
| 5.26% |
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