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What is the answer to number 5? The answers aren't written on the worksheet. FINC 3310 Chapter 3 Assignment 5. What is the current yield
What is the answer to number 5? The answers aren't written on the worksheet.
FINC 3310
Chapter 3 Assignment
5. What is the current yield of a bond with a face value of $1000, a price of $1133, a coupon payment of $70, and a yield to maturity of 4%? (answer as a percent with 2 decimal places)
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