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Mitzi's, II. Bonds offer a 6 percent coupon at a current market price of $989. The bonds have a face value of $1,000 and a
Mitzi's, II. Bonds offer a 6 percent coupon at a current market price of $989. The bonds have a face value of $1,000 and a call price of $1,020. What is the current yield on these bonds?
6.00 percent |
6.12 percent |
5.88 percent |
6.07 percent |
5.97 percent |
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