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Question 17 Calculate the current yield on a $1000 face value bond under the following conditions. Round the answers to 2 decimal places. WRITE the

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Question 17

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Calculate the current yield on a $1000 face value bond under the following conditions. Round the answers to 2 decimal places. WRITE the % sign in your answers. Coupon Rate Time Until Maturity Current Market Rate Current Yield 13 % 15 years 10 % % 7 5 12 9 25 6 % 15 30 9 %

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