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Suppose you paid $818.96 for a corporate bond that has a 11.17% coupon rate. What is the current yield? Assume that the par value of
Suppose you paid $818.96 for a corporate bond that has a 11.17% coupon rate. What is the current yield? Assume that the par value of the bond is $1,000.
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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
