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PowerTech Company has issued bonds paying a 3% Coupon Rate. The current market price of the bonds are $984.25. What is the Current Yield of
PowerTech Company has issued bonds paying a 3% Coupon Rate. The current market price of the bonds are $984.25. What is the Current Yield of the bond?
| 3.05% | ||
| 3.14% | ||
| 2.97% | ||
| 3% |
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Capital Markets Institutions And Instruments
Authors: Frank J. Fabozzi, Franco Modigliani
2nd Edition
0133001873, 978133001877
