Calculate its current yield explain what it means in a few
A bond is priced at $ 1027 and has a coupon rate of 5%. It has a par value of $1000, and will mature in 20 years.
A. Calculate its current yield.
B. Explain what it means in a few lines.
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a bond is priced at 1027 and has a coupon rate of 5 it has a par value of 1000 and will mature in 20 yearsa calculate
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