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RIP corporation assets are currently worth $970. In one year, the companys assets will be worth either $1000 or $1,270. The risk free interest rate
RIP corporation assets are currently worth $970. In one year, the companys assets will be worth either $1000 or $1,270. The risk free interest rate is 5.7%. Suppose the company has an outstanding debt issuance with a face value of $500. Note that this debt is not callable, and initially had a coupon rate of 2.7%. What is the current yield on the companys date
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