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The Procter & Gamble Company offers a bond which pays a coupon of 1 0 percent with semiannual payments. The bonds have a yield to
The Procter & Gamble Company offers a bond which pays a coupon of percent with semiannual payments. The bonds have a yield to maturity of percent and they mature in years. If the bonds have a face value of $ what is the current yield of the bond?
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