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You paid $1,174 for a corporate bond that has a 18.47 percent coupon rate. What is the bond's current yield?
You paid $1,174 for a corporate bond that has a 18.47 percent coupon rate. What is the bond's current yield?
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
