What is the current yield of a bond with a 5% coupon paying interest annually, 8 years

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What is the current yield of a bond with a 5% coupon paying interest annually, 8 years until maturity, a face value of $1,000, and a current price of $979?

Posted Date: Jul 03, 2024 09:06 AM

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What is the current yield of a bond with a 5% coupon paying interest annually, 8 years

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