Question
Suppose a German bond priced at $975 pays an 8-percent coupon for 26 years. Find the current yield of the bond. Express your answers as
Suppose a German bond priced at $975 pays an 8-percent coupon for 26 years. Find the current yield of the bond. Express your answers as a percentage. Make sure to round your answers to the nearest 100th percentage point.
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Financial Issues In Emerging Economies
Authors: Rita Biswas , Michael Michaelides
1st Edition
183867960X, 1838679618, 9781838679606, 9781838679613
