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The current yield on an 8 percent coupon bond with a face value of $5,000 that was bought at $8,000 is _____. a) 5 percent
The current yield on an 8 percent coupon bond with a face value of $5,000 that was bought at $8,000 is _____.
a) 5 percent | |
b) 6.25 percent | |
c) 12.8 percent | |
d) 20 percent. | |
e) none of the above |
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