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Using the data from problem 18 above, what would be the current yield paid over the next year, taking into account the semi annual nature
Using the data from problem 18 above, what would be the current yield paid over the next year, taking into account the semi annual nature of the payments (enter answer as a decimal - not a percent - with 4 decimal places - .XXXX)? **Problem 18: The current market price of a 7 year corporate bond with a 5% coupon if market interest rates are 6% would be: (enter answer as a decimal with two decimal places - XXXX.XX)
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