A bond with par value of 1000 has an annual coupon rate of


A bond with par value of $1,000 has an annual coupon rate of 3.6% and currently sells for $910. What is the bond's current yield? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

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Finance Basics: A bond with par value of 1000 has an annual coupon rate of
Reference No:- TGS02516997

Now Priced at $10 (50% Discount)

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