Brown enterprisesrsquo bonds has ytm of 85 they have a


Brown Enterprises’ bonds has YTM of 8.5%. They have a 9-year maturity, an annual coupon of 8%, and a par value of $1,000. What is their current yield (i.e., annual coupon payment/ price of bond.

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Financial Management: Brown enterprisesrsquo bonds has ytm of 85 they have a
Reference No:- TGS01732500

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