A perpetual bond with a par value of 100000 and a


Question: A perpetual bond with a par value of $1,000.00 and a semiannual coupon has a nominal yield to maturity of 5.20% and a current price of $1,055.00. What is its current yield? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: A perpetual bond with a par value of 100000 and a
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