A bond with a par value of 1000 and a semi annual coupon


A bond with a par value of $1000 and a semi annual coupon has a nominal yield to maturity of 5.3% and a current price of $920. If the bond has 6 years to maturity, what is its current yield?

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Biology: A bond with a par value of 1000 and a semi annual coupon
Reference No:- TGS02152922

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