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What is the current yield (not yield to maturity) of a bond with the following characteristics: 100 face, purchase price $95.60, 20-year maturity, 4% coupon
What is the current yield (not yield to maturity) of a bond with the following characteristics: 100 face, purchase price $95.60, 20-year maturity, 4% coupon paid semi-annually?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
11th Global Edition
1292094184, 978-1292094182
