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Two bonds are given. A 9.3%, 23-year semiannual bond at 112.429 A 11.4%, 26-year semiannual bond at 100.834 Assume that the par value of the
Two bonds are given.
- A 9.3%, 23-year semiannual bond at 112.429
- A 11.4%, 26-year semiannual bond at 100.834
Assume that the par value of the bond is $1,000.
- Which of these two bonds offers the highest current yield? -Select- Item 1 or 2
- Which one has the highest yield to maturity? -Select Item 1 or 2
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
