Bartiromo inc bonds have a 6 coupon rate with semi-annual
Bartiromo, Inc. bonds have a 6% coupon rate with semi-annual coupon payments and a $1,000 par value. The bonds have 14 years until maturity, and sell for $950. What is the current yield for Bartiromo's bonds?
a) 3.28%b) 6.32%c) 6.55%d) 7.52%
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