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What is the current yield for a $1,000 par value bond that pays interest semiannually, has 11 years to maturity, and is currently selling for
What is the current yield for a $1,000 par value bond that pays interest semiannually, has 11 years to maturity, and is currently selling for $973.20 with a bond equivalent yield of 11%?
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
13th Edition
0324258755, 9780324258752
