Question
You have the following information from the close on January 12, 2018 is for Xeliox bond with the face value of $1000 and a maturity
You have the following information from the close on January 12, 2018 is for Xeliox bond with the face value of $1000 and a maturity date of October 22, 2020: Coupon rate: 4.050% Price: $1095 What was the bond current yield?
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
