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QUESTION ONE 1) What is the current yield for a bond that has a par value of $1,000 and a coupon interest rate of
QUESTION ONE 1) What is the current yield for a bond that has a par value of $1,000 and a coupon interest rate of 10.95%. The current market price for the bond is $921.01 2 marks
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
