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Question 19 The coupon rate on a bond is 3.22%. The par value of the bond is $1,000. The bond has a maturity of 4
Question 19
The coupon rate on a bond is 3.22%. The par value of the bond is $1,000. The bond has a maturity of 4 years. If today's price of the bond is $1,029.61, what is the current yield?
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Financial Analysis With Microsoft Excel 2016
Authors: Timothy R. Mayes, Todd M. Shank
8th Edition
1337298042, 9781337298049
