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use a normal calculator not a financial one how we calculated the 939.25 ? 9. A coupon bond pays annual interest, has a par value
use a normal calculator not a financial one 
how we calculated the 939.25 ? 9. A coupon bond pays annual interest, has a par value of $1,000, matures in four years maturity of 12%. The current yield on this bond is A. 10.65% B. 10.45%. C. 10.95% D. 10.52% E. None of the options are correct. FV=1,000,n=4,PMT=100,i=12,PV=939.25;S100/$939.25=10.65% Step by Step Solution
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Cryptoassets The Innovative Investors Guide To Bitcoin And Beyond
Authors: Chris Burniske ,Jack Tatar
1st Edition
1260026671, 126002668X, 9781260026672, 9781260026689
