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Question 9 (2 points) You just purchased a 5-year annual-interest coupon bond at a price of $1,059. The coupon rate for the bond is 6%,
Question 9 (2 points) You just purchased a 5-year annual-interest coupon bond at a price of $1,059. The coupon rate for the bond is 6%, and its par value is $1,000. The yield to maturity is 4.65%. How much is the current yield of the bond? a) 5.67% Ob) 7% Oc) 6.26% O d) 6% e) 8.52%
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