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Logan purchased a $1,000 par value bond. The amount of each annual interest payment is $95.00. If Logan paid a premium of $75.01 for the
Logan purchased a $1,000 par value bond. The amount of each annual interest payment is $95.00. If Logan paid a premium of $75.01 for the bond, what is the current yield?
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
