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What is the current yield for a $1000 par value bond that pays interest semiannually, has 11 years to maturity, and is currently selling for
What is the current yield for a $1000 par value bond that pays interest semiannually, has 11 years to maturity, and is currently selling for $720.60 with a bond equivalent yield of 16%?
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
