Question
What is the current yield of a bond which carries an 11% coupon rate, has a face value (FV) of $1,000, has 9 years until
What is the current yield of a bond which carries an 11% coupon rate, has a face value (FV) of $1,000, has 9 years until maturity, and the current market price of the bond is $1,175? Also, what is the yield to maturity (r) on this bond?
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Amazon Goldmine How Amazon Can Make You A Millionaire
Authors: Mrs Esther B. Odejimi
1st Edition
1533513406, 978-1533513403
