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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 Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
978-1259024962
