What is the current yield on the $1,000 par value bond with a 1 coupon rate paid annually, if the bond is priced to yield 3 and it has 9 years to maturity a The current yield is 0 01184 b The current yield is 0 01702 c The current yield is 0 01701 d The current yield is 0 00844

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Question: What is the current yield on the $1,000 par value bond with a 1% coupon rate paid annually, if the bond is priced to yield

What is the current yield on the $1,000 par value bond with a 1% coupon rate paid annually, if the bond is priced to yield 3% and it has 9 years to maturity?

The current yield is 0.01184

The current yield is 0.01702

The current yield is 0.01701

The current yield is 0.00844

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