Laura's Design Inc. has a bond with a coupon rate of 12%, paid semi-annually, maturing in 12
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Question:
Laura's Design Inc. has a bond with a coupon rate of 12%, paid semi-annually, maturing in 12 years at $1,000 per bond. The current market price is $940. What is the current yield?
Select one:
A.12.8%
B.12.6%
C.12.0%
D.11.5%
Posted Date: