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What is the current yield of a $1,000 bond selling for $1,150 with a 5% coupon? Circle the closest answer. Question 9 options: 3.3% 3.7%
What is the current yield of a $1,000 bond selling for $1,150 with a 5% coupon? Circle the closest answer. Question 9 options: 3.3% 3.7% 4.3% 4.9%
I have a TI-84 please let me know calculator instructions as well.
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