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Your broker is offering you a bond at a price of 107% with an annual coupon of 7% which matures in 14 years. 1.What is
Your broker is offering you a bond at a price of 107% with an annual coupon of 7% which matures in 14 years.
1.What is its yield to maturity? (FORMAT: X.XX DO NOT SHOW PERCENTAGE SIGN)
2.What is this bond's current yield? (FORMAT: X.XX DO NOT SHOW PERCENTAGE SIGN.)
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