A bond with a par value of 100000 and an annual coupon has


Question - A bond with a par value of $1,000.00 and an annual coupon has a yield to maturity of 5.60% and a current price of $975.00. If the bond has 18 years to maturity, what is its current yield?

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Accounting Basics: A bond with a par value of 100000 and an annual coupon has
Reference No:- TGS02763539

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