Question
Suppose that you purchased a Baa rated $1000 annual coupon bond with an 6.6 % coupon rate and a 4-year maturity at 8 % above
Suppose that you purchased a Baa rated $1000 annual coupon bond with an 6.6 % coupon rate and a 4-year maturity at 8 % above par value. What would the current yield (in %) be at time of purchase (4 digits)?
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Competing On Analytics The New Science Of Winning
Authors: Thomas H Davenport, Jeanne G Harris, Gary Loveman
1st Edition
1422103323, 9781422103326
